Why Covering The US In High-Speed Rail Makes No Sense At All

BI reprints my HSR article from last week: Why Covering The US In High-Speed Rail Makes No Sense At All:

“When we study successful technologies and networks (e.g. The Internet, the London Underground), we see they grow from a seed, and expand outward – not from the top down. This is natural, it is risk-averse, it allows learning to occur before over-building. Not all technologies or networks will succeed, it is best to learn that early than after building a giant White Elephant.”