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With real property rights, it would be impossible to obtain a compulsory purchase order. Therefore, would road and rail companies not encounter problems when trying to build new routes if the property owners refused to sell their property? How could this problem be solved?
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I've been trying to convince a particularly bright friend of mine of the benefits of market rule in all areas, including roads and defense. Unfortunately, he seems to be hung up on the question of roads. He agrees that a system of private roads "could work" but says it couldn't be as...