At the Economist‘s Democracy in America blog, R.A. makes some good points in favor of skepticism on the question, riffing on Robert Fogel’s research on the economics of the railroad. Excerpt: Highway construction generated some positive effects and some negative effects. We tend to focus on the positive effects and remark on how constrained the [...]
Archive for the ‘collective goods’ Category
Was the Interstate Highway System a Good Investment?
Posted in collective goods, Economics, tagged highways, infrastructure, public goods on April 19, 2011 | 8 Comments »
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