Among the many challenges in a capitalist society, it’s hard to imagine a way to profit from a car-free future. Governments don’t profit from providing public transportation to citizens. It’s a service, a reflection of our commitment to the social good. Private transportation — cars — are a different animal: hundreds of industries profit from it, f... See more

It’s largely how Japan has funded its acclaimed high-speed rail system. Buy the land around the station at pre-development prices. Build the high-speed rail, which makes the land far more valuable. Sell the land at the new price and use the profits from the sale to pay for the rail line. This is great public policy, although the lobbyist for the la

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