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Who Will BUILD the ROADS?! | Hn 56
Adam and Tyrone have a lot to say about these darned roads. It's almost like goods and services provided by a monopolist might just... suck.
00:00 – Intro. Adam has had an epiphany about libertarianism. It can't work! Who would build the roads!
02:20 -- Tyrone's been stuck in traffic a lot lately, and it reminds him of a Haman Nation article (linked below).
04:52 – Tyrone plugs the seminal work on this subject, The Privatization of Roads & Highways, by Walter Block (linked below)
07:10 – Tyrone brings up an ancient theory of property rights (ad coelum) and that is contrasted against more libertarian (and better) theories of property rights.
14:20 -- The road system we have now looks nothing like what would have emerged in a free market -- and that's a good thing! Tyrone illustrates the point beautifully while griping about traffic in his home town.
18:24 -- Adam takes a moment to mock California's central corridor train boondoggle, as well as the steaming pile of corruption that is the proposed LA to Vegas "bullet train". Tyrone piles on with the concept of distributed costs and concentrated benefits and shows off a light-rail boondoggle of his own.
23:26 -- Adam recalls nostalgically the time when the Soviet Union still existed. As horrible as it was, it helped our societal intuition to have that standing example of how bad the government is at the production of public goods.
28:11 -- Outro. Hey government! Who should build the roads? Anybody but you, you thieving creeps!
Haman Nature article mentioned: https://hamannature.substack.com/p/californias-roads-are-awful?r=2u0knv
Book mentioned (promo link): https://amzn.to/3ZLcSjc
Join us at: https://hamannature.substack.com/
Adam's other show: https://naturalorderpodcast.com/
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