By Steve Hanke | Forbes
Earlier this week, Nobelist Vernon L. Smith penned an important piece, “Trump’s Best Deal Ever: Privatize the Interstate,” which was published in The Wall Street Journal. Smith correctly argued that the Trump administration should expand the scope of its privatization efforts to include the Federal government’s vast holdings of commercial public lands.
Unfortunately, President Trump’s Secretary of the Interior, Ryan Zinke, is dead set against privatization. Indeed, during his confirmation hearings, Zinke said, “I am absolutely against transfer or sale of public lands.”