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Review of Alternative Route: Toward Efficient Urban Transportation, by Clifford Winston and Chad Shirley

  • The Quarterly Journal of Austrian Economics
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Tags InterventionismProduction Theory

07/30/2014Laurent Carnis
 

Volume 5, No. 2 (Summer 2002)

 

The authors’ proposed solutions are interesting but ultimately disappointing. Laudably, they do call for what they believe to be the privatization of urban transit. They call for an increase of fares, as well as reductions in the frequency of service and route coverage. They argue that with competition, the bus will replace the rail, and that automobile transportation will increase. New modes of transport would appear, they believe. They also propose a complete deregulation of the taxi market. When it comes to political strategy, however, they blink.

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Carnis, Laurent. Alternative Route: Toward Efficient Urban Transportation, by Clifford Winston and Chad Shirley. The Quarterly Journal of Austrian Economics 5, No. 2 (Summer 2002): 89–91.