BuckeyeBlog

Harvard economics professor Edward Glaeser has a series of posts on the New York Times Economix blog taking apart the case for high-speed rail. This series should be required reading for all Ohio policymakers, especially those like Governor Strickland who are so enamored with high-speed rail.

What were Glaeser’s conclusions? Costs are high and benefits are minimal. That is, high-speed rail costs a lot to construct and operate and it offers little in the way of environmental benefits nor will it do much to help “sprawl” (if you think that’s a problem).

Crunch the numbers any way you want, but it’s hard to make a case that the benefits of high-speed rail are worth the costs.

Tags: Governor Ted Strickland, passenger rail, transportation

This entry was posted on Monday, August 24th, 2009 at 4:16 pm and is filed under Accountable Government. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.