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Re: oddball rail transit observations

Posted by Spider-Pig on Mon Apr 22 08:34:20 2019, in response to Re: oddball rail transit observations, posted by Jackson Park B Train on Mon Apr 22 08:22:19 2019.

I disagree. The difference between transit and a sidewalk is that a sidewalk is non-excludable, making it a common good. Mass transit is a private good. Now you may consider it morally right to have free transit, but I see it as causing various problems, namely the transit system is poorly run and has to go hat in hand to politicians for funding, and the fare is a political football.

The streetlight is also non-excludable, and even more, non-rival, making it a public good.

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