The vast gulf between public and private

VA has accepted a private proposal to build a new toll bridge in the Norfolk area–full story here. The most interesting this is that the city analyzed this project and decided tolls could only cover 20% of the cost. The private firm came in and figure out that tolls can finance the bridge and a profit!

Adrian Moore

Adrian Moore, Ph.D., is vice president of policy at Reason Foundation, a non-profit think tank advancing free minds and free markets.