UK Rail Privatization 20 years Later

UK Rail Privatization 20 years Later

The United Kingdom privatized its national rail system in 1993. Some 20 years later the unsurprising consequences of transforming a public monopoly into a private monopoly are clear. Higher prices. Worse service. Even more public subsidies. Read the article.

 

 

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David Morris
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David Morris

David Morris is co-founder of the Institute for Local Self-Reliance and currently ILSR's distinguished fellow. His five non-fiction books range from an analysis of Chilean development to the future of electric power to the transformation of cities and neighborhoods.  For 14 years he was a regular columnist for the Saint Paul Pioneer Press. His essays on public policy have appeared in the New York TimesWall Street Journal, Washington PostSalonAlternetCommon Dreams, and the Huffington Post.