3min chapter

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536. Is Your Plane Ticket Too Expensive — or Too Cheap?

Freakonomics Radio

CHAPTER

The US Airports Are Not Privately Owned

The US has strong incentives from the federal government for airports to remain publicly owned and operated. About 20% of airports are privatized, but that goes up to 36% if we exclude the US and China. If you listen between the lines to what Howl is saying, you might find yourself thinking, oh, that's why American airports are often crowded and slow and unpleasant. They're owned by public entities that don't have much incentive to make them better.

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