Congressional Study found the barrier to Innovation is government “institutional failures”
- Governments are created to minimize violence from war and crime by coercing compliance with law.
- Innovation is a compliance failure.
- Under Federal monopoly the Internet was blocked from commercializing between 1918 and 1982.
- Since The Federal-Aid Highway Act of 1916, 45% of 6% of 470 ton-mpg freight railroads have been replaced by 25 mpg highways.
- PRT: Government “institutional failures” blocked urban transportation innovation for “four to six decades (aside from some relatively minor cosmetic changes)..
The barrier expanding these networks beyond Morgantown is government regulations as documented in Congressional Study PB-244854, “Automated Guideway Transit”, 1975. These same government “institutional failures” caused of 4 to be replaced by roads with the 25 mpg efficiency of the Model-T.
Source: Congressional Study PB-244854, 1975, Automated Guideway Transit
Government “institutional failures” blocked urban transportation innovation for “four to six decades (aside from some relatively minor cosmetic changes)… Compared with many other areas of entrepreneurial endeavor, the environment for innovation in transportation should be favorable. Urban transportation needs are extensive… In retrospect, the new systems efforts have served not to stimulate interest in new technology but to discourage already reluctant local transit operators from considering it.”
“Proponents of PRT view this concept as a reasonable supplement to the private automobile in high density urban areas and claim that PRT can provide a very much higher level of service than other modes of public transportation. Thus, it is argued that PRT systems would attract a significant percentage of the rides now being made in private automobiles and offer obvious benefits:
- less traffic congestion in urban areas.
- less land and fewer facilities used for automobile storage. . reduced travel time under more comfortable Circumstance. . less noise and air pollution.
- reduction in consumption of petroleum-derived fuels.
- reduction in requirements for new arterial roads and urban freeways.
It is contended that PRT would provide greater mobility for the transportation disadvantaged, i.e., the young, the elderly, the poor, and the handicapped.”.
