Thursday, November 20, 2008
Induced Demand is the Whole Point of Infrastructure Investment
Tyler Cowen, "The real problem, of course, is the quality of our decisions on infrastructure."
Until people realize that Induced Demand is the whole point of infrastructure, not a symptom, it will just be pork.
Until people realize that Induced Demand is the whole point of infrastructure, not a symptom, it will just be pork.
