Quarterly Journal of Austrian Economics
Author:
Laurent Carnis
Online Publish Date:
Volume 5, No. 2 (Summer 2002) The authors’ proposed solutions are interesting but ultimately disappointing. Laudably, they do call for what they believe to be the privatization of urban transit. They call for an increase of fares, as well as reductions in the frequency of service and route coverage. They argue that with competition, the bus