Archive for June 28th, 2011

Studying economics you will come to wonder more and more what people take for granted. The other day, I saw another great clip of John Stossel. He made a case for private roads that you should not miss.

Quoting Mitch Daniels:

Government is a monopoly and we know how monopolies tend to mistreat their customers, having no incentive, no competition to do better.

The main insurance policy we have that the toll roads stay better is the fact that if they [the private road companies] run a lousy road, people will find a reason not to use it and they lose money.

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