June 26, 2022

Classic Stossel: Free Market Roads

In Britain, a local highway was damaged by heavy rains. When government said it would take a year to repair it, entrepreneur Mike Watts built a “private road” in just 12 days.

The road cost him about $250,000 to build. He put his house up as collateral. He charges $3 to cross, less for locals.

A Classic Stossel from 2015