tag:blogger.com,1999:blog-3758330678390419129.post5992949554909482135..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The Serious Problem of Saltwater in the Subway SystemRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3758330678390419129.post-13353706447446921222012-10-30T21:30:38.432-04:002012-10-30T21:30:38.432-04:00This is the most awesomest time to raise taxes EVE...This is the most awesomest time to raise taxes EVER!!!!! What New Yorker in their right mind could deny that they should pay more to the government now???<br /><br />Thank God Bloomberg banned sugary sodas so the good New York sheep will have the extra money!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-42874346457418479242012-10-30T14:06:07.166-04:002012-10-30T14:06:07.166-04:00I'll take the private monopoly maintained with...I'll take the private monopoly maintained with customer satisfaction over the so-called "public" one maintained with the barrel of a gun any day...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-2540894525893308182012-10-30T13:24:05.800-04:002012-10-30T13:24:05.800-04:00The government-run power monopoly on long island i...The government-run power monopoly on long island is even worse than they were in 1985<br /><br />http://www.newsday.com/news/weather/sandy-s-damage-to-lipa-may-take-10-days-to-fix-1.4165032Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-5514641222309053152012-10-30T12:17:45.844-04:002012-10-30T12:17:45.844-04:00Dan, what the heck is the government if not a mono...Dan, what the heck is the government if not a monopoly? And what happened to all those taxes it collected to maintain its system? Why is the system is such poor shape given all the money the government has collected over the years to maintain it? Why do rational people always ignore government self interest when its happening right before their eyes? My guess is that the money they collected Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-41005035636828566262012-10-30T11:49:21.227-04:002012-10-30T11:49:21.227-04:00Well, at least above ground transportation can mak...Well, at least above ground transportation can make up the difference. While the government may have neglected the subways, it's not like they imposed an artificial limit on the number of operating taxis through a licensing monopoly. Oh, wait...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-63094642808022399662012-10-30T11:24:10.435-04:002012-10-30T11:24:10.435-04:00@ Dan, there is no such thing as a "natural&q...@ Dan, there is no such thing as a "natural" monopoly outside a college textbook.Josiahhttps://www.blogger.com/profile/02283350026155164077noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-41918567736472302732012-10-30T11:17:48.965-04:002012-10-30T11:17:48.965-04:00There is no such thing as a "natural monopoly...There is no such thing as a "natural monopoly," only a government granted monopoly.<br /><br />"The Myth of Natural Monopoly"<br />http://mises.org/journals/rae/pdf/rae9_2_3.pdf<br /><br />Your argument ignores the substitution effect:<br /><br />"Fear of Monopoly"<br />http://mises.org/daily/621<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-19397340442079645992012-10-30T10:43:13.438-04:002012-10-30T10:43:13.438-04:00And if they had something like elevated maglev PRT...And if they had something like elevated maglev PRT, there wouldn't have been subways to flood or roads...<br /><br />Transportation under gov monopoly has been stagnant for over 100 years. There's substantially no improvement in transport infrastructure today than when the first traffic signal was strung up in the 1800's.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-79480359601954645332012-10-30T10:38:25.414-04:002012-10-30T10:38:25.414-04:00Yes, because when I think "private industry o...Yes, because when I think "private industry operating a natural monopoly", I think "strong track record of operating for sustainability".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-25368012259476132712012-10-30T09:28:49.170-04:002012-10-30T09:28:49.170-04:00another broken window fallacy. another broken window fallacy. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74299609959740463062012-10-30T08:30:00.303-04:002012-10-30T08:30:00.303-04:00I know this isn't alien-related but this sound...I know this isn't alien-related but this sounds like the stimulus to the economy people like Krugman have been praying for.Boetienoreply@blogger.com