Historically you see lots of private companies setting up rail and trolley lines, which were profitable because there were no alternatives (early private roads, turnpikes, failed because people would simply drive around the toll booths).Is that really the reason they failed, or did you just make that up?Still transportation=public good; the market equilibrium will never be socially optimal.That’s an opinion which can never be proven. Are you willing to impose your opinion of “socially optimal” upon an entire society? |