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A market with federal intervention in the form of implicitly guaranteed 30 year mortgages and toll free highways.


And that government was created by the same people… your point is?


I understand your point that citizens in a democracy get the government they deserve. Choices are not made in a vacuum. Path dependence can lock us into local maxima. A series of rational reactions can sometimes lead to an irrational result. People complain about energy price volatility, traffic jams, and climate change but are unwilling to plan meaningful change. Short term concerns and lack of easy solutions tilt us into the same old ways of car dependency, restrictive zoning, tax funded and congested highways, parking minimums, and ever higher housing prices.




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