Thursday, October 8, 2015

Adam Hano, Chapter 4, Question 1

Charles Wheelan explains how government monopoly works (or doesn’t). Slovakia has few great examples for it. One of them is our trains for free. Our government decided to provide free trains across the nation for students and elderly. However, they provided it only through the national railway service and not through a private company. For the private company, which services and prices were much better than the states railways, was this decision devastating. They had to pump much more money into their services to maintain the same price. But still they are higher with price than 0 in national railways. The quality of national railways is really bad. Dirty, smelly, angry personal, late.
Second example isn’t from Slovakia but from yours homeland security. Waiting in line after 20 hours of traveling is incredible. They provided only 2 people to check full plane of international travelers. However, one of them was taking a coffee break. We waited in the line for 3 hours. The officers were just standing around and laughing, because everyone was going around their lines made out of strings, because people were too afraid to just cross them. Laughing personal and too long. Not very good first impression of the US.

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