| Response to Mr. Merlin Jetton's Critique of My Essays on Road Privatization Part 29 |
| Published: November 22, 2008, 5:00 am |
| Tags: Economics, Politics, Arguments, Congestion, Construction, Debate, Efficient, Entrepreneur, Free Enterprise, Free Market, Freedom, Government, Ideas, Inefficient, Maintenance, Market, Private, Private Enterprise, Privatization, Public, Repairs, Road, Roads, Traffic |
| individuals. Private road owners could address the 18-wheeler problem in many more creative ways than government officials can even imagine. For instance, private owners have full discretion over whom they allow on the road and what kinds of rules of the road they set up. A road owner could build a special lane just for the 18-wheelers, |
| Response to Mr. Merlin Jetton's Critique of My Essays on Road Privatization Part 23 |
| Published: November 14, 2008, 5:00 am |
| Tags: Economics, Politics, Arguments, Congestion, Construction, Debate, Efficient, Entrepreneur, Free Enterprise, Free Market, Freedom, Government, Ideas, Inefficient, Maintenance, Market, Private, Private Enterprise, Privatization, Public, Repairs, Road, Roads, Traffic |
| more difficult to get nearby owners' consent for a road widening, this situation will not occur with nearly the same frequency under a free market, because roads will tend to be built to be wide enough to begin with. And if they happen not to be, then the road owner will still be able to comfortably widen most of the road, and if some of the |
| Response to Mr. Merlin Jetton's Critique of My Essays on Road Privatization Part 21 |
| Published: November 5, 2008, 5:00 am |
| Tags: Economics, Politics, Arguments, Congestion, Construction, Debate, Efficient, Entrepreneur, Free Enterprise, Free Market, Freedom, Government, Ideas, Inefficient, Maintenance, Market, Private, Private Enterprise, Privatization, Public, Repairs, Road, Roads, Traffic |
| way toward ensuring that road users can drive conveniently. 3. The private road owner could conduct all road work within a smaller time interval by hiring more workers and equipment for a shorter amount of time. Assuming a constant cost per labor hour and a constant cost per hour of renting a machine, the road owner would incur the same |
| Response to Mr. Merlin Jetton's Critique of My Essays on Road Privatization Part 20 |
| Published: November 3, 2008, 5:00 am |
| Tags: Economics, Politics, Arguments, Congestion, Construction, Debate, Efficient, Entrepreneur, Free Enterprise, Free Market, Freedom, Government, Ideas, Inefficient, Maintenance, Market, Private, Private Enterprise, Privatization, Public, Repairs, Road, Roads, Traffic |
| Similarly, some private road owners will likely spend less money on a road simply because they can’t afford more. More importantly, a private road owner might choose to spend less on road X because it also wants to spend on road Y. The customer or revenue aspect Mr. Stolyarov addresses is an important one. So in order to improve my |
| Response to Mr. Merlin Jetton's Critique of My Essays on Road Privatization Part 19 |
| Published: November 1, 2008, 6:00 am |
| Tags: Economics, Politics, Arguments, Congestion, Construction, Debate, Efficient, Entrepreneur, Free Enterprise, Free Market, Freedom, Government, Ideas, Inefficient, Maintenance, Market, Private, Private Enterprise, Privatization, Public, Repairs, Road, Roads, Traffic |
| my argument. In order for a road to be profitable, the road owner needs to ensure that traffic can flow as smoothly as possible for as long as possible, so as to maximize the toll revenues he can get. This means that initial road quality and maintenance arrangements will be such as to minimize the possible inconveniences to road users arising |
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