Are America's private railroading glory days gone forever? The folks at Freakonomics have asked me to contribute to a “Quorum” on Amtrak and whether it can ever be profitable. Maybe I was a sucker, but it looks like I hewed closer to the question that some of the … [Read more...]
California HSR Review Panel Recommends Against $2.7 Billion Bond Issue
Enormous viaducts like this are one reason for the project's ballooning cost estimates Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the … [Read more...]
Qatar’s Skyscraper Diplomacy
London’s Shard tower, soon to be the tallest in Europe, is, financially speaking, a bit puzzling. Europe is in the midst of an economic crisis, and London’s Southwark, across from the skyscraper-crazed City of London, is gentrifying, but not the safest place for a massive real estate … [Read more...]
Video: Was ist eigentlich Gentrifizierung?
What exactly is gentrification? … [Read more...]
Betting the Farm on Oregon Iron Works
"Made in USA"...and don't you forget it! United Streetcar, led by its former lobbyist, Chandra Brown, is ostensibly a manufacturer, though its greatest asset seems to be its ability to win government contractors.... … [Read more...]
Surprise: Transit In The US Gets Just As Many Subsidies As Transit In Europe!
The service the Silicon Valley is paying for but not getting Often when I talk about how high American capital transit costs are compared to those in Europe and East Asia, transit backers get quite defensive, and take it as an attack on transit. This couldn’t be further from my intention. My … [Read more...]
Washington Post: Only Idiots Think Infrastructure Spending Is Wasteful, And Americans Are Idiots
It’s no surprise that a lot of politicians and policymakers believe that America’s biggest infrastructure problem is insufficient taxpayer funding. But never have I seen it expressed so condescendingly as in a Washington Post article published yesterday in the PostLocal section, not … [Read more...]
Washington Post: Only Idiots Think Infrastructure Spending Is Wasteful, And Americans Are Idiots
It’s no surprise that a lot of politicians and policymakers believe that America’s biggest infrastructure problem is insufficient taxpayer funding. But never have I seen it expressed so condescendingly as in a Washington Post article published yesterday in the PostLocal section, not … [Read more...]