Don’t Ask “Who Will Build the Roads?” Ask “Do We Even Want Roads?”

Source: Foundation for Economic Education
by Thomas Walker-Werth

“The Interstate Highway System cost $558 billion to construct (in 2021 dollars). Proponents claim it boosted the economy through faster transportation, and increased house prices and job creation. But, as I explain in my recent Substack article, it also had hugely negative effects, including destruction of the railroad industry, the demolition of vast amounts of homes and other property, and the decimation of inner-city economies. But these are only the visible consequences. There are also unseen effects to consider.” (01/22/23)