New York City Subways: The Woes of Socialist Enterprises

Tags Booms and BustsBureaucracy and RegulationFinancial MarketsU.S. Economy

09/09/2022Gregory Bresiger

Narrator:

New York City’s subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism."

Original Article: "New York City Subways: The Woes of Socialist Enterprises"

This Audio Mises Wire is generously sponsored by Christopher Condon.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

Author:

Gregory Bresiger

Gregory Bresiger (GregoryBresiger.com) is an independent business journalist who has worked for the New York Post and is the author of a history of Social Security, “The Revolution of 1935, available at Mises.org.