Monday, October 28, 2013

Privatizing our infrastructure

At his superb, weekly economics podcast EconTalk, Hoover Institute Fellow Russ Roberts discussed the issue of privitazing the various elements of our transportation infrastructure: roads, airports, railways, and the like.  His guest, Clifford Winston, is an expert in this area and a strong supporter of getting the government out of our transporation lives.  Here's the description of the podcast episode:
Cliff Winston of the Brookings Institution talks with EconTalk host Russ Roberts about his recent article in the Journal of Economic Literature on the U.S. transportation system. Winston argues that the while the United States has a very good transportation system overall, it is extremely expensive and poorly organized. What is needed, Winston argues, is not more money, but to spend the money already allocated more wisely. He discusses the evolution of the U.S. transportation system, government's role in transportation, dramatic innovations that might transform aviation and driving, and the potential for privatizing airports and roads.
And here's the link where you can find the podcast itself.