Edward L. Hudgins is director of regulatory studies at the Cato Institute in Washington D.C.

By Edward L. Hudgins

Privatization Might Save Passenger Rail

The airport shutdowns and fear of flying that followed the Sept. 11 terrorist attacks gave Amtrak a surge in ridership, especially in America's northeast corridor. The nationalized passenger railway responded by increasing capacity, the number of trains conveying passengers, and was forced to require more reservations from customers. It will not be enough to save Amtrak's passenger rail service, but privatization might be. … more