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Title : One Expert Argue To Privatize Highways
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One Expert Argue To Privatize Highways

A Don Boudreaux missive of the alphabet to the Wall Street Journal:

Perhaps Ed Slattery is correct that the costs of allowing longer trucks on highways – including costs inwards the course of educational activity of increased dangers to motorists – volition live on greater than the benefits (Letters, Feb. 12).  But mayhap he’s wrong.  Who knows?  After all, it’s plausible that allowing trucks to live on longer volition in addition to therefore cut down the number of trucks on the highways that the full harm that trucks crusade to highways, roads, tunnels, in addition to bridges, equally good equally the risks of highway accidents caused yesteryear trucks, volition fall.

Were highways privately owned in addition to operated, highway owners would direct keep much stronger incentives than produce authorities administrators to disclose the ‘optimal’ maximum size of trucks to allow on highways.  Because authorities officials, who today brand those decisions, direct keep close nada personally at stake inwards imposing whatever rules they impose – in addition to because their one-size-fits-all rules forestall simultaneous experimentation amongst dissimilar rules – at that spot is no skillful argue to believe these bureaucrats strike anything about the optimal residuum betwixt costs in addition to benefits.

Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha in addition to Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA  22030

UPDATE: Frank Stephenson e-mails the next splendid point: “Might likewise live on safer if the marginal drivers who lose truck-driving jobs are to a greater extent than unsafe than the average driver.”

The inwards a higher house originally appeared at Cafe Hayek.

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