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Munger on the Political Economy of Public Transportation
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Content provided by Library of Economics and Liberty, EconTalk: Mike Munger, and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty, EconTalk: Mike Munger, and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Michael Munger of Duke University talks with EconTalk host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new system fared? Not particularly well according to Munger. Commuting times are up and the President of Chile has apologized to the Chilean people for the failures of the new system. Munger talks about why such changes take place and why they persist even when they seem inferior to the original system that was replaced.
…
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34 episoade
MP3•Pagina episodului
Manage episode 310775590 series 3072155
Content provided by Library of Economics and Liberty, EconTalk: Mike Munger, and Russ Roberts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Library of Economics and Liberty, EconTalk: Mike Munger, and Russ Roberts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Michael Munger of Duke University talks with EconTalk host Russ Roberts about Munger's recent trip to Chile and the changes Chile has made to Santiago's bus system. What was once a private decentralized system with differing levels of quality and price has been transformed into a system of uniform quality designed from the top down. How has the new system fared? Not particularly well according to Munger. Commuting times are up and the President of Chile has apologized to the Chilean people for the failures of the new system. Munger talks about why such changes take place and why they persist even when they seem inferior to the original system that was replaced.
…
continue reading
34 episoade
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