Freeman

IN BRIEF

Denver Rail Project Costs More than Expected

NOVEMBER 06, 2009

“Projected costs [of a Denver rail project] have ballooned to nearly $7 billion, and the system faces a budget gap of $2.2 billion, mainly because of a sharp drop in sales tax revenues …┬áVoters could be presented with a proposed sales tax increase as early as next year to finish a system that remains mostly an idea.” (New York Times, Thursday)

Don’t say we told you so.

FEE Timely Classic:
Mass Transit Mess” by John Semmens

comments powered by Disqus

EMAIL UPDATES

* indicates required

CURRENT ISSUE

November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
Download Free PDF

PAST ISSUES

SUBSCRIBE

RENEW YOUR SUBSCRIPTION