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knb comments on Open thread, August 19-25, 2013 - Less Wrong Discussion

2 Post author: David_Gerard 19 August 2013 06:58AM

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Comment author: knb 21 August 2013 09:36:05AM *  0 points [-]

I'm not sure what your point is here. Passenger rail and freight rail are usually decoupled. Amtrak operates on freight rail in most places because the government orders the rail companies to give preference to passenger rail (at substantial cost to the private freight railways).

Hyperloop would help out a lot, since it takes the burden off of freight rail. I suppose hyperloop could be privately operated (that would be my preference, so long as there was commonsense regulation against monopolistic pricing).

Comment author: DanielLC 21 August 2013 11:04:44PM 2 points [-]

so long as there was commonsense regulation against monopolistic pricing

If competitors can simply build more hyperloops, monopolistic pricing won't be a problem. If you only need one hyperloop, then monopolistic pricing is insufficient. They will still make less money than they produce. Getting rid of monopolistic pricing runs the risk of keeping anyone from building the hyperloops.