1. Defining Success: The Case against Rail Transit
- Author:
- Randal O'Toole
- Publication Date:
- 03-2010
- Content Type:
- Working Paper
- Institution:
- The Cato Institute
- Abstract:
- Over the past four decades, American cities have spent close to $100 billion constructing rail transit systems, and many billions more operating those systems. The agencies that spend taxpayer dollars building these lines almost invariably call them successful even when they go an average of 40 percent over budget and, in many cases, carry an insignificant number of riders. The people who rarely or never ride these lines but still have to pay for them should ask, “How do you define success?"
- Topic:
- Government, Markets, and Infrastructure
- Political Geography:
- America