All posts for the month February, 2011

Hayek and Public Infrastructure

Last week (February 9) John Stossel posted a commentary on Townhall.com entitled Passenger Trains: Clearly the Change We’ve Been Waiting For. Stossel asserts that the government’s creation of public infrastructure equates to central economic planning, and is therefore less effective than private sector development. For support, he cites Lawrence Reed of the Foundation for Economic [...]