You may be assuming 'public transport' = government-run monopoly transport: government-run services almost never make money, but that's not a transportation is

You may be assuming 'public transport' = government-run monopoly transport: government-run services almost never make money, but that's not a transportation issue. This econtalk podcast has a interesting discussion about how Chile moved from private to public: http://www.econtalk.org/archives/2008/07/munger_on_the_p.html http://www.econtalk.org/archives/2008/07/munger_on_the_p.htm...