(Map of Robert Moses' unbuilt proposals via “vanshnookenraggen.”) Sandy Ikeda blogs: If Moses were around today I don’t think he’d waste any time getting every major project he could think of “shovel ready” for hundreds of billions of stimulus money. While he’s no longer with us, I do fear … [Read more...]
“Misbuilding” the Future, Again…
From "Highway to hell revisited", a Financial Times article by Christopher Caldwell: The Highway Act probably has more defenders than detractors. But Mr Obama should be among the latter. The act, which budgeted $25bn in federal money to build 41,000 miles of motorway, exacerbated the … [Read more...]
Urban[ism] Legend: Positive NPV Infrastructure
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 … [Read more...]
Urban[ism] Legend: Creating Jobs With Infrastructure
This post is part of an ongoing series featured on Market Urbanism called Urbanism Legends. The Urbanism Legends series is intended to expose many of the myths about development and Urban Economics. (it's a play on the term: “Urban Legends” in case you didn’t catch that) Last week … [Read more...]