A Small Glimmer of Hope: Private Bridges

This from Wired:

“If Florida transportation officials have their way, the state will soon lease a 78-mile toll road across the Everglades to a private firm for 50 years, in a deal that could make hundreds of millions of dollars for both sides. Advocates hail it as a windfall that the state can invest in other projects, but critics say no good will come from a shortsighted a plan to make a quick buck.

“You’re talking about taking public assets, paid for with public dollars, and selling them off,” says Gina Downs, director of the Citizen’s Transportation Coalition. The group opposes the plan to lease the stretch of Interstate 75 known as Alligator Alley. “If governments start leasing assets to plug up budget deficits, pretty soon they’ll be selling off anything and everything they can get their hands on. It’s a slippery slope.”

This is a great step forward for Capitalism and free markets in a growing environment against these ideas. The states are short in money and there is no reason why the private companies could not own roads. Roads and bridges are goods just like anything else and being auctioned off to the private sector will secure the quality of the roads. Private companies have more of an incentive to keep the bridges up than some bureaucrat of the state or Washington, D.C.

One reason why people cannot fathom private roads and bridges is because they haven’t lived in the world where that was a reality.

The rest is here.


Published in: on March 24, 2009 at 12:47 pm  Comments (1)  
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One CommentLeave a comment

  1. Now if we could only find a way to charge the plebians for their smiles!

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