Great example... there was also an effort to expand the Tappan Zee bridge from the 1950s, adding a couple lanes was going to cost 5-10x the original iirc. https://en.wikipedia.org/wiki/Tappan_Zee_Bridge_(1955%E2%80%...…
As with most projects from that era, the environmental impact study/mitigation for such an effort today would probably cost more than the entire original project, even in real dollars, even assuming you would be allowed…
Unfortunately a lot of times those "investments" probably actually provide less value than they cost to maintain, let alone to build and maintain, particularly HSR which is generally only high ROI in a few small, rich…
Gini implicitly assumes a flat distribution is desirable. Ask North Korea and Cuba how that works out. PPP GDP per capita is okay, but the PPP portion is rife with assumptions, some untenable. For instance, you really…
Ordos is actually still pretty ghosty. 153K people seems great until you realize it was built for several times that many. http://www.businessinsider.com/ordos-china-ghost-town-2017-5 In the US, everyone associated with…
Great example... there was also an effort to expand the Tappan Zee bridge from the 1950s, adding a couple lanes was going to cost 5-10x the original iirc. https://en.wikipedia.org/wiki/Tappan_Zee_Bridge_(1955%E2%80%...…
As with most projects from that era, the environmental impact study/mitigation for such an effort today would probably cost more than the entire original project, even in real dollars, even assuming you would be allowed…
Unfortunately a lot of times those "investments" probably actually provide less value than they cost to maintain, let alone to build and maintain, particularly HSR which is generally only high ROI in a few small, rich…
Gini implicitly assumes a flat distribution is desirable. Ask North Korea and Cuba how that works out. PPP GDP per capita is okay, but the PPP portion is rife with assumptions, some untenable. For instance, you really…
Ordos is actually still pretty ghosty. 153K people seems great until you realize it was built for several times that many. http://www.businessinsider.com/ordos-china-ghost-town-2017-5 In the US, everyone associated with…