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but not completely - and this is only even talking about maintenance. The initial investment is absolutely not "paid for", because the economic returns from the
by chii 11mo ago
but not completely - and this is only even talking about maintenance. The initial investment is absolutely not "paid for", because the economic returns from them are privatized, and the tax collection of those private benefits aren't really up to par imho. If it was a private business who did this road/highway investment, they'd be losing money (due to the cost of capital, and the lack of returns from collected tolls/taxes, not to mention the maintenance outlay that comes as a big lumpsum).
- eru 11mo agoRoads are also not public goods in the economic sense. https://en.wikipedia.org/wiki/Public_good https://en.wikipedia.org/wiki/Public_good > In economics, a public good (also referred to as a social good or collective good)[1] is a commodity, product or service that is both non-excludable and non-rivalrous [...] That's because roads are rather excludable (see toll roads), and if you've ever been in a traffic jam, you'll notice that road use is rivalrous.