The Mudcat Café TM
Thread #127427   Message #2844617
Posted By: gnu
19-Feb-10 - 07:28 PM
Thread Name: BS: Canuck Pensions
Subject: RE: BS: Canuck Pensions
I posted this more than once, years ago...

When I did my master's degree, an economics prof taught us a post-grad course. One lecture was on engineering public projects under differing social policies... I will shorten it up...

Railroad. A to B is around or through the mountain. Communist tunnels because it takes less life cycle resources. Captalist goes around mountain because it costs less up front and he can begin making money sooner.