Breadtube vs Economics 2: Response to Shaun on Railway Privatisation

Should we nationalise trains and other utilities, or privatise them? Are there other options beyond these two? My Patreon: https://www.patreon.com/unlearneconomics?fan_landing=true My Twitter: http://twitter.com/UnlearnEcon Produced by Hobbie Stuart Artwork by Jacob Cob © 2020 Unlearning Economics I am an academic economist from the UK who has long been critical of the economics profession and how economics is used in public policy. Mostly the channel will cover economics with a critical perspective but I aim to educate people about economics in the process, so I'll try to explain key concepts and ideas along the way. That way, even if you disagree with aspects of the videos you will hopefully learn something from them. Subscribe for more! References (in rough order of appearance): Part 1 of my series on Breadtube and Economics - Response to Philosophy Tube on Housing: /watch/kOmlQk1xfv-xl Shaun’s video ‘How Privatisation Fails: Railways’: /watch/k4v0crF59Pn50 Why did we sell off the railways? FT feature /watch/semiTlaicnaniF=lennahc_ba&8A9XbDH-V6U-i Rethinking the Economics of Land and Housing, Ryan-Collins et al Why are Britain’s trains so bad - could nationalisation fix them?, Channel 4 /watch/sweN4lennahC=lennahc_ba&Iq0B1o49Jjn9N ‘Passenger satisfaction on British Trains rises again, survey finds’, the Guardian https://www.theguardian.com/uk-news/2019/jun/27/passenger-satisfaction-on-british-trains-rises-again-survey-finds Impact of the privatisation of British Rail: https://en.wikipedia.org/wiki/Impact_of_the_privatisation_of_British_Rail Rail accidents in the UK: https://en.wikipedia.org/wiki/List_of_rail_accidents_in_the_United_Kingdom ‘Twenty years of privatisation’, John Kay https://www.johnkay.com/2002/06/01/twenty-years-of-privatisation/ ‘The Systems Regulation Model’, Dieter Helm ‘Infrastructure investment, the cost of capital, and regulation: an assessment’, Dieter Helm Glas Cymru site: https://corporate.dwrcymru.com/en/about-us/company-structure/glas-cymru ‘For Worker Democracy’, Chris Dillow https://stumblingandmumbling.typepad.com/stumbling_and_mumbling/2016/07/for-worker-democracy.html ‘Public Ownership 2.0’, Weekly Economics Podcast https://podcasts.apple.com/gb/podcast/weekly-economics-podcast/id970353148?i=1000430090471 Hillary Wainwright’s excellent site redpepper: https://www.redpepper.org.uk/ ‘Why public transport is broken’, Tom Haines-Doran https://www.rs21.org.uk/2016/01/03/whypublictransportisbroken/

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