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To expand on the toll road example, I will take the radical position that it is exactly the implicit subsidy of roads and automobiles by the government that has
by FooBarBizBazz 4y ago
To expand on the toll road example, I will take the radical position that it is exactly the implicit subsidy of roads and automobiles by the government that has resulted in the nightmarish car-culture of the US -- one which has had myriad externalities, including the destruction of town centers, the concentration of commerce in big-box stores in sprawling suburbs, and an annual number of road deaths that is a full 25% of what COVID has wraught, except for every single year forever. If you are an American, you are forced to pay for this atrocity with your tax dollars.
- avarun 4y agoThis is honestly a really good point.
- eru 4y agoYou might enjoy 'The High Cost of Free Parking'. See eg https://www.econtalk.org/extra/free-parking/ https://www.econtalk.org/extra/free-parking/ (Also https://www.econlib.org/archives/2006/02/economics_of_fr.html https://www.econlib.org/archives/2006/02/economics_of_fr.htm... and https://www.econlib.org/archives/2010/08/why_is_there_fr.html https://www.econlib.org/archives/2010/08/why_is_there_fr.htm... and https://en.wikipedia.org/wiki/The_High_Cost_of_Free_Parking https://en.wikipedia.org/wiki/The_High_Cost_of_Free_Parking )