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Street Smart
Competition, Entrepreneurship, and the Future of Roads
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Table of Contents
About the Book
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 vehicles and drivers; management of government-owned road facilities; franchising; and outright private ownership. The book examines contemporary examples of entrepreneurial innovation in road pricing, commercialization, and privatization in environments as diverse as California, China, Singapore, Sweden, and the United Kingdom.
Although political classes everywhere are reluctant to give up their lucrative sources of power and wealth, the main obstacle to the private provision of roads is public ignorance. Street Smart now traces the history of the private provision of roads under the incredibly difficult conditions prevailing before the railway age, and shows how modern road-management and pricing technologies can enable the interactions of consumers and suppliers in free markets to provide truly responsive road services.
Product Details
- Publisher: Independent Institute (November 3, 2026)
- Length: 564 pages
- ISBN13: 9781598134520
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Raves and Reviews
"Every public official—whatever their views—needs to read Street Smart to understand the depth of what is becoming a revolution."
– Roger Toleman, Deputy Secretary, New Zealand Ministry of Transport
"Street Smart provides a clear-cut and comprehensive investigation of the prospect of either replacing or supplementing our present road system by private, market-based roads."
– Gordon Tullock, Professor of Law and Economics, George Mason University
"Street Smart is a fascinating and challenging book which offers original and refreshing contributions on rational market opportunities for the transport sector."
– Peter Nijkamp, Professor in Regional Economics and in Economic Geography, Free University, Amsterdam
"Although, as a socialist, I find it difficult to accept that roads should be privatized, as a transport professional I believe that Street Smart is essential reading for those of us struggling with the problems of efficient transportation."
– Dave Wetzel, Vice Chair, Transport for London
"Street Smart should help to develop thinking on the future of the road network and should be welcomed by road users in all countries."
– Edmund King, Executive Director, Royal Automobile Club Foundation
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