Sources and Sinks

[Declan McCullagh]

On Sat, Jan 03, 2004 at 08:09:18AM -0500, Michael Kalus wrote:
> Yes, the way this usually works is that the government builds the road, 
> then sells it to a private company for some money and then the upkeep 
> is handled by the company.
> 
> It is rather seldom that someone builds a road for a business venture.

Nowadays, yes. But your claim is false: it used to be done frequently.
Read Dan Klein's paper on the history of California toll roads.

Do your homework before posting. Otherwise you look silly.

-Declan