36 Chambers – The Legendary Journeys: Execution to the max!

December 9, 2012

Are Roads Public Goods?

Filed under: Economics — Kevin Feasel @ 7:00 pm

That is Mike Munger’s question.  My answer is, no.  They only seem like public goods today (to the extent that they even do; Munger correctly points out that urban traffic jams definitely mean rivalrous behavior) because the government has an effective monopoly on roads.

For further reading on this topic, I would go to Walter Block.

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