Quote:
	
	
		
			
				
					Originally Posted by  jfman
					 
				 
				As an economist I actually know that to be untrue. 
 
If you can't introduce genuine competition into a market all that happens is supernormal profits enter the private sector to the harm of consumers. 
			
		 | 
	
	
 I don't know which books of economic theory you have been reading, then! I have personal experience of privatising services and I can assure you that it is true. You are also ignoring the reason I gave you for fares increasing as they have.