As Washington debates how many hundreds-of-billions of the nearly trillion-dollar stimulus will go towards infrastructure or to other spending/tax cut schemes, pundits claim that spending billions on “shovel ready” public works projects can effectively create jobs that will lead to recovery. As readers probably know, I am skeptical that the anticipated spending could [...]
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January 12th, 2009 | Tags: boondoggles, budgets, construction, government, highways, infrastructure, paul krugman, roads, stimulus, Transportation, tyler cowen | Category: corruption, Economics, Free-market impostors, Transportation, Urban[ism] Legends | 2 comments |
 printable viewPaul Krugman wrote an op-ed this morning how the US living and transportation patterns will not cope with high oil prices as well as European cities: Changing the geography of American metropolitan areas will be hard. For one thing, houses last a lot longer than cars. Long after today’s S.U.V.’s have become antique [...] May 19th, 2008 | Tags: infrastructure, Oil, paul krugman, public transit, suburbia, suburbs, Transportation | Category: sprawl | 10 comments |
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