• About
  • Adam Hengels
  • Emily Hamilton
  • Michael Lewyn
  • Salim Furth
  • What Should I Read to Understand Zoning?
  • Contact

Market Urbanism

Liberalizing cities | From the bottom up

“Market Urbanism” refers to the synthesis of classical liberal economics and ethics (market), with an appreciation of the urban way of life and its benefits to society (urbanism). We advocate for the emergence of bottom up solutions to urban issues, as opposed to ones imposed from the top down.

  • Email
  • Facebook
  • Linkedin
  • RSS
  • Twitter
  • Economics
  • housing
  • planning
  • Zoning
  • Urban[ism] Legends
  • Book Reviews

Private Buses: Econtalk Takes A Second look at Santiago

August 24, 2010 By Adam Hengels

Back a couple years ago, I noted an Econtalk podcast with Russell Roberts and Duke University Professor Mike Munger on the private bus system in Santiago, Chile.  This week’s episode starts with Munger’s update on the Santiago transportation system after visiting for three weeks and spending a lot of time traveling the city’s buses and transit.  This discussion comes at a perfect time to follow-up on Stephen Smith’s post on private busing in New York.

Munger and Roberts discussed the advantages and problems of the evolution of the system over the years.  In the case of the private system with over 3,000 competing private bus companies, accidents and injuries were common, and pollution was problematic.  However, the regulation and publicization of the buses led to unintended consequences that were probably far worse than the drawbacks of the private system.  Unfortunately, although the administration has apologized for the failures of the system, it would be politically impossible to revert to some of the beneficial aspects of the private system.

Tweet

Filed Under: Economics, privatization, Transportation Tagged With: buses, Economics, econtalk, munger, private transit, public transit, Russell Roberts, santiago, traffic, transit

About Adam Hengels

Adam is passionate about urbanism, and founded this site in 2007, after realizing that classical liberals and urbanists actually share many objectives, despite being at odds in many spheres of the intellectual discussion. His mission is to improve the urban experience, and overcome obstacles that prevent aspiring city dwellers from living where they want. http://www.marketurbanism.com/adam-hengels/

Listen in

  • Abundance
  • Conversations with Tyler
  • Densely Speaking
  • Ideas of India
  • Order Without Design
  • UCLA Housing Voice
  • Yeoman

Connect With Us

  • Email
  • Facebook
  • Linkedin
  • RSS
  • Twitter

Market Sites Urbanists should check out

  • Arpitrage
  • Cafe Hayek
  • Center for Building in North America blog
  • Construction Physics
  • Conversable Economist
  • Environmental and Urban Economics | Matt Kahn
  • Erdmann Housing Tracker
  • Foundation for Economic Education
  • Marginal Revolution
  • Marginal Revolution University
  • Parafin
  • Propmodo
  • Rent Free
  • Time & Space
  • Urbanomics

Urbanism Sites capitalists should check out

  • Caos Planejado
  • City Density
  • Cornerstone
  • Granola Shotgun
  • Important Readings in Urbanism
  • Kartografia Ekstremalna
  • Metropolitan Abundance Project
  • Pedestrian Observations
  • Planetizen
  • Reinventing Parking
  • Skynomics Blog
  • StreetsBlog USA
  • Strong Towns
  • The Corner Side Yard | Pete Saunders
  • YIMBY Alliance

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Copyright © 2025 Market Urbanism