No Way to Run a Railway

Rail's woes are due to bureaucracy, not privatization. It's time for the government to release the railway from its overburdening grip. A grip entrenched in regulation that has far too many officials, or any proper functionality. Iain Murray, the author, says that for the railways to work, "the train operation companies must be given more control, and have a major say in how station and track improvements are managed. This will lead to more customer-driven investment decisions," he insists, "providing in turn much more of what train users actually want."

Read it here.