We all want to build roads now, but can we afford it?

Dag Detter and Stefan Fölster

Chapter Chapter 13 in The Public Wealth of Nations, 2015, pp 185-195 from Palgrave Macmillan

Abstract: Abstract Railways and commercial airlines were, in their early days, seen as vital parts of a country’s transport infrastructure, like roads and bridges. The government often owned and maintained the infrastructure of a public service, or quickly nationalized it. In addition, governments also set the fares and routes and protected their assets by restricting new entrants. These state champions were also vital parts of the national war machine, sending troops to the front. After World War II, these state champions, along with the network of post offices, were seen as integral building blocks in the construction of the welfare state.

Keywords: Pension Fund; Infrastructure Investment; Infrastructure Project; Public Infrastructure; Network Rail (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-51986-3_13

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DOI: 10.1057/9781137519863_13

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