Archive for August 1st, 2007
Train, planes and automobiles: A right mess for British transport
“They have been seduced by models that appear to give you a lot of infrastructure on the cheap,” said Stephen Glaister, professor of transport and infrastructure at Imperial College of London. “And of course they dont.”
He used to be at LSE when I was. Great bloke. Good economist. He is talking about privatisation. Or, as it is called here P3.
Let me summarise – it didn’t work.
