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<?xml-stylesheet type="text/xsl" href="http://mises.org/community/utility/FeedStylesheets/rss.xsl" media="screen"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" xmlns:wfw="http://wellformedweb.org/CommentAPI/"><channel><title>Economics Questions</title><link>http://mises.org/community/forums/5.aspx</link><description /><dc:language>en</dc:language><generator>CommunityServer 2008.5 SP2 (Build: 40407.4157)</generator><item><title>Re: Private public transport in Australia</title><link>http://mises.org/community/forums/thread/504955.aspx</link><pubDate>Mon, 19 Nov 2012 01:23:10 GMT</pubDate><guid isPermaLink="false">944abf2b-d1be-4bf2-990d-438cb0e377e9:504955</guid><dc:creator>Aristippus</dc:creator><slash:comments>0</slash:comments><comments>http://mises.org/community/forums/thread/504955.aspx</comments><wfw:commentRss>http://mises.org/community/forums/commentrss.aspx?SectionID=5&amp;PostID=504955</wfw:commentRss><description>&lt;p&gt;
	Lived in that city all my life.&amp;nbsp; Yes, &amp;#39;privatisation&amp;#39; just means contracting the monopoly out, it doesn&amp;#39;t mean the lack of a monopoly.&amp;nbsp; It really has nothing to do with free market transportation.&amp;nbsp; In Melbourne there is the typical state control over trams, trains, taxis, buses.&amp;nbsp; The last is probably the most free, since there is scope for competing companies, but I&amp;#39;m pretty sure they still need to comply with everything the state wants them to, which inhibits competition.&amp;nbsp; Trains are too big to fail and receive large subsidies.&amp;nbsp; If the train operating company goes bust, they simply contract with a new one.&lt;/p&gt;
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	All public transport in Melbourne is linked with a &amp;#39;myki&amp;#39; card, so all types are essentially part of the one monopoly.&amp;nbsp; Installing myki cost over $1.5 billion, is still not properly finished, and isn&amp;#39;t really cheaper or that much more efficient than the previous system.&amp;nbsp; But it&amp;#39;s a free lunch, right?&lt;/p&gt;
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	EDIT:&amp;nbsp; Also, I should add that it&amp;#39;s all terrible.&amp;nbsp; Trains run very infrequently, are often cancelled or delayed.&amp;nbsp; At peak times they are ridiculously packed.&amp;nbsp; The roads are congested beyond belief with pot-holes a-plenty.&amp;nbsp; The trend of poor public and private transport (aside from lack of competition) is probably due to increased population rather than from privatisation, which couldn&amp;#39;t really change much.&lt;/p&gt;&lt;div style="clear:both;"&gt;&lt;/div&gt;</description></item><item><title>Private public transport in Australia</title><link>http://mises.org/community/forums/thread/504952.aspx</link><pubDate>Mon, 19 Nov 2012 01:16:08 GMT</pubDate><guid isPermaLink="false">944abf2b-d1be-4bf2-990d-438cb0e377e9:504952</guid><dc:creator>FlyingAxe</dc:creator><slash:comments>0</slash:comments><comments>http://mises.org/community/forums/thread/504952.aspx</comments><wfw:commentRss>http://mises.org/community/forums/commentrss.aspx?SectionID=5&amp;PostID=504952</wfw:commentRss><description>&lt;p&gt;
	&lt;span style="font-family:arial,helvetica,sans-serif;"&gt;Does anyone know of the situation of the public transport in Australia?&lt;/span&gt;&lt;/p&gt;
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	&lt;span style="font-family:arial, helvetica, sans-serif;"&gt;I was involved in a conversation with someone on Quora, where he said that in his experience, privatization of public transport made things worse. I asked him where he lives; he answered: &amp;quot;&lt;/span&gt;&lt;span style="font-family:arial, helvetica, sans-serif;font-size:13px;line-height:17.91666603088379px;"&gt;Melbourne, Australia - we&amp;#39;ve had privately run trains and trams for over a decade now and if anything services have gone backwards. We even had a time when trains were run by three separate companies - that didn&amp;#39;t last long.&amp;quot;&lt;/span&gt;&lt;/p&gt;
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	&lt;span style="font-family:arial,helvetica,sans-serif;"&gt;&lt;span style="font-size:13px;line-height:17.91666603088379px;"&gt;All of this sounds like there is the typical crony-capitalism, with the government somehow helping a few companies to get ahead. Especially with railed transport. But, I was wondering if anyone had better information.&lt;/span&gt;&lt;/span&gt;&lt;/p&gt;&lt;div style="clear:both;"&gt;&lt;/div&gt;</description></item></channel></rss>