Why the New York City Subway System Should Privatize

Posted by on June 19th 2017 in Uncategorized | Be the first to comment!

By Robert Fellner By: Robert Fellner A recent surge in breakdowns, delays and overcrowding at New York’s subway system — in conjunction with a steady stream of rate hikes — has left many New Yorkers fuming and seeking answers.By citing proximate causes like record-high ridership, the New York Times attempted to provide those answers in last month’s column (Why is Subway Service in New York Getting Worse? May 27, 2017).But these problems have been plaguing the systems for decades — indicating that their continuance stems from the system’s underlying, structural flaws, not a one-time spike in ridership.For public transit systems like New York’s …read more

Source:: Mises Daily

Comments are closed.