Ever since Jay Gould, Leland Stanford, and Cornelius Vanderbilt acquired their first legislatures, railroads have been best understood as political networks, rather than as transportation lines. The Obama administration is hyping high-speed rail (HSR) with a $53 billion proposal not because the president is a trainspotter or because he collects back copies of the Official Guide of the RailwaysLooting the taxpayers for fun and for the benefit of political insiders.
Sunday, March 06, 2011
High Speed Rail: The Dream Scheme Scenario
New Geography reports: