Richard Epstein on Private Bus Routes

http://www.futureofcapitalism.com/2010/08/richard-epstein-on-private-bus-routes

Libertarian law professor Richard Epstein has a new Forbes column up about New York City's desire to let private operators take over service on routes where the Metropolitan Transportation Authority and its unionized drivers have suspended service: "It is unconscionable for the City to create public service monopolies that allow the TWU to capture its lucrative contracts in the first place. As a matter of principle, let in the private vans all the time, regardless of whether budget cuts are needed. All union-run bus lines should always be subject to private competition, after which most will fail because of their inefficient work rules, bloated payrolls and overly expensive fleet."

The issue was mentioned earlier here in a post on July 6.

by Editor  |  Aug 10, 2010 at 10:46 am Related Topics:  New York receive the latest by email: subscribe to the free futureofcapitalism.com mailing list