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The Disneyland Model
Posted on September 5th, 2007 2 commentsJohn Semmens is an AZDOT project manager who also writes free-market oriented policy papers — he is perhaps best known locally for his vociferous opposition to Phoenix’s light rail. John is now affiliated with the Independent Institute — a free-market-leaning think-tank that I had heretofore not heard of. He had an op-ed published last Saturday in the Wall Street Journal that contained some novel, perhaps radical, ideas about how private auto insurance should be used as a lever against dangerous drivers; he dubs this the “Disneyland model”, and makes some good points. Though, he does not even mention the role of law (criminal) enforcement (as in criminal charges: homicide, assault)… perhaps he was space-limited. Also, his general idea — privatizing licensure — seems sound but how would this help the problems caused by those who simply go without? In any event it is a welcome look at publicizing one facet of the problems created by private automobile usage.
What is the deal with the 39,000 deaths figure? Fatalities have been running around 43,000.
The full text is here: On the Road. September 1, 2007 op-ed, John Semmens, Wall Street Journal
2 Trackbacks / Pingbacks
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[...] costs more in line with usage, users will make more sound economic choices. Here are two ideas: The Disneyland Model addresses shortcomings in the motor vehicle insurance scheme. Another place to look is Social [...]
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[...] to bear the cost of the risks they are inflicting on others, but has many limitations (see e.g. The Disneyland Model). In reality this risk-spreading ends up socializing the costs of driving — paid for by [...]
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Arizona Bike Law Blog » Blog Archive » Economic Impacts of Motor Vehicle Crashes January 2nd, 2008 at 12:30