``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Tuesday, November 13, 2007

Don’t Rush to a Fare Hike (NYT)

public-sector effect not detected

in the private sector, nobody bears burdens they don't want to bear.

voluntary transactions happen because both sides come out ahead.

involuntary transactions happen through bearing burdens.

The M.T.A. is wrong to try to solve its problems primarily on the backs of financially burdened riders.


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