Will we ever have high-speed trains?

Will we ever have high-speed trains?
- October 21, 2010
- An op-ed by Jan Brueckner, economics professor and department chair, is featured in the New York Times October 15, 2010
From the NYT:
High-speed rail systems look very appealing, whizzing people to their destinations
with great comfort and convenience, while generating minimal environmental impact.
However, building such a system from scratch is exceedingly expensive, and recouping
an appreciable part of the cost through fares is only possible when the traffic density
on the route is very high. In other words, high-speed trains must be full and frequent
in order for the system to have a chance of making economic sense.
For the full story, please visit http://www.nytimes.com/roomfordebate/2010/10/13/will-we-ever-have-high-s....
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