A World Class Transportation System: Transportation Finance for a New Economy
Charles Marohnamazon.com
A World Class Transportation System: Transportation Finance for a New Economy
This is the part of the story that the train boosters don’t want you to hear: investments in transit may be investments in mobility or investments in real estate, but they are not investments in reduced traffic.■ The only way to reduce traffic is to reduce roads or to increase the cost of using them, and that is a bitter pill that few pro-transit c
... See moreWe’re valuing dollars spent on highway extensions as if they were worth as much as the dollars we spent on building the core roads that link major cities.
The model American male devotes more than 1600 hours a year to his car. He sits in it while it goes and while it stands idling. He parks it and searches for it. He earns the money to put down to meet the monthly installments. He works to pay for gasoline, tolls, insurance, taxes, and tickets. He spends four of his sixteen waking hours on the road o
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