Focusing the infrastructure building to rail only, and letting the private sector build new roads on its own, would be smart, don't you think? In the long run, we're all dead. John Maynard Keynes
did building all the roads bankrupt society?
It certainly exacerbates air pollution problems.
But, no, I don't think it bankrupts society... nor do I think that it's the cause of the wars we're witnessing in the Middle East. They are more a result of the military-industrial complex in the USA lobbying for war - any war, to justify continued spending on their gadgets. Access to oil was just marketing. All oil producing countries have to sell their produce anyway. Look at Venezuela, or Russia. They're supplying us with energy & they're not occupied (yet).
Focusing the infrastructure building to rail only, and letting the private sector build new roads on its own, would be smart, don't you think?
Our society would be so much poorer if we didn't have a modern road network. Just imagine France without the A1, the A6 or the A10. You can also argue that what we need now is massive investment in finding clean automobile technology. I'm not against rail networks per se, but why do you think investing billions into rail a better solution than investing billions into clean energy R&D?
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.