The governments subsidize airports through enormous amounts of land close to cities at below market rates. Without this intervention, airfare would be much more expensive. Do you think we would be better off if airports would have had to purchase their land on a true free market or is it good for a government to give airports cheap land?
It's hard to know. Presumably the system would look different today if the government had not distorted it in that way. Perhaps if market incentives were allowed to operate instead of the land being taken, we would all be flying around in the jet cars we expected.
You sound so sure. You don't think if the enormous amounts of subsidies the government had spent on airports had instead been allowed to flow to alternative transportation modes or energy research, things might be different?
OK, it is certainly true that things would be different in a better way if our government would spend a sizable portion of the taxbase on energy research instead of wasting it an utterly insane manner.
