http://marketurbanism.com/2008/05/20/128m-bid-for-pa-turnpike/ Urbanism for Capitalists / Capitalism for Urbanists Mon, 14 May 2012 07:53:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://marketurbanism.com/2008/05/20/128m-bid-for-pa-turnpike/#comment-74 Stephen Smith Wed, 21 May 2008 04:34:41 +0000 http://marketurbanism.com/?p=51#comment-74 I think the most important question to ask is: if they wanted, could they tear up the road and built whatever they wanted in its place? For example, could they turn a ten-lane highway into a two-lane highway, add one line of rail in each direction, and develop the remainder as real estate? If, as I suspect, the contract doesn't allow them to do anything but maintain the current structure (and possibly add onto it more auto lanes), then it's very, very far from being privately owned. I think the most important question to ask is: if they wanted, could they tear up the road and built whatever they wanted in its place? For example, could they turn a ten-lane highway into a two-lane highway, add one line of rail in each direction, and develop the remainder as real estate? If, as I suspect, the contract doesn’t allow them to do anything but maintain the current structure (and possibly add onto it more auto lanes), then it’s very, very far from being privately owned.

]]> http://marketurbanism.com/2008/05/20/128m-bid-for-pa-turnpike/#comment-8398 Rationalitate Wed, 21 May 2008 04:34:00 +0000 http://marketurbanism.com/?p=51#comment-8398 I think the most important question to ask is: if they wanted, could they tear up the road and built whatever they wanted in its place? For example, could they turn a ten-lane highway into a two-lane highway, add one line of rail in each direction, and develop the remainder as real estate? If, as I suspect, the contract doesn't allow them to do anything but maintain the current structure (and possibly add onto it more auto lanes), then it's very, very far from being privately owned. I think the most important question to ask is: if they wanted, could they tear up the road and built whatever they wanted in its place? For example, could they turn a ten-lane highway into a two-lane highway, add one line of rail in each direction, and develop the remainder as real estate? If, as I suspect, the contract doesn’t allow them to do anything but maintain the current structure (and possibly add onto it more auto lanes), then it’s very, very far from being privately owned.

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