3min chapter

Economics Detective Radio cover image

All Roads Lead to Toll Roads: Robert Poole on America's Highways

Economics Detective Radio

CHAPTER

Toll Revenue Bonds - How Do They Work?

Toll road companies in the U.S. operate like municipal utilities, he says. When it comes to maintenance, bond holders have quite a bit of say so about how these things are managed,. And there's no such mechanism in our public sector, state highways. "We see that same behavior in the small but growing movement in the United States"

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