Question on the "Privatization of Roads"

What does that even mean?

See my second to last post. I’m not in favor of public roads, just wanted to see the responses to the questions I presented. I never said there was no solution either, I just didn’t see your signal jammer as being one that would be such a good idea. The only way I can see that working is if owners of nearby roads did the same thing.

I’m not sure what the government has done about this, either. Everything the government has done so far could easily be replicated by a private company.

Refuse to play the “who is a better central planner” game. It is unwinnable.

People who ask such questions are asking for a psychic, because its impossible to actually know the answer.

For one thing, road managers would have a much better incentive structure to keep known risky drivers off the road. They would likely require licenses that they themselves administered or were administered by a professional, private third party. They would likely monitor their roadways better, identifying potential risky drivers before they collided into other drivers or the road owner’s property.

There are logical reasons to try to avoid accidents on your roads that have no bearing on consumer preference. Traffic accidents impede the flow of traffic, decreasing usage…and thus profit.

Finally, there will be trade-offs for consumers and the process of determining what roads are most preferred will have to work itself out. No one should pretend that allowing people to move at high speeds in heavy metal objects won’t occasionally cause bodily injury, independent of the administration system. Yet there are tolerance levels for the inherent risks. In a competitive market, different producers can specialize in diverse products. Just as we have organic food markets/stores in the same market as regular groceries, we could have highways that charge a premium for their record in providing the safest roadways. Others might specialize in the least congestion, or the fastest for some pair of points.

In some of Robert A. Heinlein’s books, he talks about roadways that move, and the engineers who keep it moving. I thought this idea was interesting, to say the least. How often does the government improve the methods of road building? Doesn’t seem like much as changed in the past 50 years. Or am I wrong?

Without competition, there is little incentive to innovate. You should check out the myth of science as a public good video posted here several times recently, if you have not already. The public goods arguments are about science, but could be applied to other “public goods”.