Some 40,000 people perish each year on U.S. highways, and the National Traffic Safety Administration blames this on speeding, DUI, driver error, while the real problem is Sovietization of streets and roads. Recorded at Mises University
Traffic congestion reaches into all aspects of living: working, shopping, recreation. It insidiously cripples the ability of people to coordinate activities with one another, as it becomes virtually impossible to make exact appointments —a broad interval of time is usually the best that can be planned on. Volume 4, Number 3 (1980) Block, Walter.
When government monopolization of the roadways is discussed by economists, the “externalities” argument is usually raised. The argument is said to be simple, clear, and irrefutable. In fact, none of these terms really apply. Let us consider the argument closely. Volume 7, Number 1 (1983) Block, Walter. “Public Goods and Externalities: The Case
Were a government to demand the sacrifice of 46,700 citizens’ each year, there is no doubt that an outraged public would revolt. If an organized religion were to plan the immolation of 523,335 of the faithful in a decade,’ there is no question that it would be toppled. Were there a Manson-type cult that murdered 790 people to celebrate Memorial
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.