Saturday, November 11, 2006

More insight into how liberals' (small) minds work

Atrios wants Congress to build more trains. Someone please correct me if I'm wrong to take him and his commenters seriously.

That's how liberal minds' work: "Please government, give us more, regardless of how much it costs, except when we have to pay for it."

Years ago, my father and I used to wonder why American businesses don't use more freight trains. Then I studied Austrian economics and its free market principles, specifically knowledge's distribution throughout society, and entrepreneurship's basis in specialized knowledge. It then seemed so elementary that the private sector overall determined what was a better method of transporting people and goods, and only government could be so stupid to go the opposite way.

1 Comments:

Blogger John F. Opie said...

Hi -

You're not wrong. He is. Rail doesn't work in the US with just a few exceptions (coal and grains, as well as people in the Northeast Corridor).

Why? Distance*velocity is one reason, another is that the investment needed to improve the freight logistic infrastructure is much more than any possible use of that infrastructure can finance.

It is most emphatically *not* the case of "build it, they will come", but rather it's a waste of taxpayer money.

John

Monday, November 13, 2006 7:04:00 AM  

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