"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The High-Speed Gravy Train: Special Interests, Transport Policy And Government Spending
Submitted by felix.ireton on Tue, 2017-02-28 01:00
In the United Kingdom, ministers appear to have disregarded the economic evidence and have chosen to proceed with the HS2 project for political reasons. An analysis of the incentives facing transport policymakers provides plausible explanations for their tendency to favour a low-return, high-risk project over high-return, low-risk alternatives. The full cost of the project may reach as much as £80bn.
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
No real surprise.1 week 2 days ago
-
https://gx2527leftinvietnam.com/2 weeks 3 days ago
-
https://www.infowars.com/posts/alert-col-macgregor-warns-dem...6 weeks 1 day ago
-
And of course, both of the author/commentators are Jews. No...6 weeks 3 days ago
-
Surprised to see Switzerland at only 32/100. Would've be...8 weeks 9 hours ago
-
https://www.infowars.com/posts/johns-hopkins-says-gun-contro...12 weeks 3 days ago
-
An early Christmas present, it seems -- here, some 17 years...16 weeks 4 days ago
-
Never Forget Building 7: https://www.infowars.com/pos...31 weeks 2 days ago
-
Straight out of the communist playbook, as per Saul Alinsky...50 weeks 1 day ago
-
It's certainly a step in the right direction.1 year 6 weeks ago
more