Friday, December 24, 2010

Quotation for the day: Walter Block

What reasons are there for advocating the free-market approach for the highway industry? First and foremost is the fact that the present government ownership and management has failed. The death toll, the suffocation during urban rush hours, and the poor state of repair of the highway stock are all eloquent testimony to the lack of success which has marked the reign of government control.
Walter Block, The Privatization of Roads and Highways: Human and Economic Factors (Auburn: Ludwig von Mises Institute, 2009) 12; appearing originally as "Free Market Transportation: Denationalizing the Roads" in Journal of Libertarian Studies, vol. 3, no. 2 (Summer 1979).  A PDF of this important compendium is free here, courtesy of the Mises Institute.

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