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Article #1471Re: Cost of public vs. private transportation
From: John McCarthy
Date: Fri, 24 Jul 1992 23:30
Date: Fri, 24 Jul 1992 23:30
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Many years ago, public transportation was profitable. One of the problems that killed its profitability was regulation of fares. It was always possible for a lawyer or politician to gain a reputation by fighting the evil railroads. They fought the evil railroads in the public interest to the point of driving every one of the eastern railroads bankrupt. I would bet that public transportation is profitable in some parts of the world and even in some parts of the U.S. Greyhound made money, at least until the bargain air fares came along. -- John McCarthy, Computer Science Department, Stanford, CA 94305 * He who refuses to do arithmetic is doomed to talk nonsense.
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Newsgroups: sci.physics Path: arc1-ca.pugleaf.net!sparky!uunet!stanford.edu!CSD-NewsHost.Stanford.EDU!CSD-NewsHost!jmc From: jmc@SAIL.Stanford.EDU (John McCarthy) Subject: Re: Cost of public vs. private transportation In-Reply-To: MEDELMA@cms.cc.wayne.edu's message of Thu, 23 Jul 1992 13:58:38 GMT Message-ID: <JMC.92Jul24233004@SAIL.Stanford.EDU> Sender: news@CSD-NewsHost.Stanford.EDU Reply-To: jmc@cs.Stanford.EDU Organization: Computer Science Department, Stanford University References: <1682D8C4F.MEDELMA@cms.cc.wayne.edu> Date: 24 Jul 92 23:30:04 Lines: 15