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Privatizing Everything; Roads ,Highways, Oceans, and Space | Walter Block

3,318 views · Published 24 October 2015 · 46:10 · Indexed 23 October 2026

Channel: Samuel Ezerzer · 2015 · News & Politics

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Loyola University economist Walter Block is among the most fearless advocates of freedom today. At a time when pundits widely believe the free market has failed, Block takes his case for truly free markets deep into unfriendly territory by arguing for the full privatization of all roads and highways.

In 2006 officials in Indiana leased 157 miles of the Indiana Toll Road to a private Spanish/Australian consortium. While this was called a “privatization,” Block would clearly dismiss it as nothing of the kind. The Indiana Toll Road remains owned by the state. Real privatization would mean completely private ownership of all streets, roadways, paths, and freeways. Only private roadway owners would determine regulations and prices.

http://fee.org/freeman/the-privatization-of-roads-highways-human-and-economic-factors/

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