Street Smart: Competition, Entrepreneurship, and the Future of Roads

Effective road transportation is crucial to economic and social well-being. Yet, in cities and rural areas worldwide, road systems suffer from traffic congestion, unsafe conditions, high costs, political corruption, waste and pork, environmental degradation, and poor maintenance.

Street Smart examines private, market-based alternatives for road services, in both theory and practice. The book explores at least four such possible directions for private services, including testing and licensing...