That's one thing I can plead innocent about. As I would much rather have lower house prices and the wealth currently stored in them invested in light rail systems. I don't know whether that… (View Post)

And then the problems would begin in office. Starting with all the demands for pay and benefit rises. Not going to be easy for whoever is in government. (View Post)

Meanwhile in the UK Birmingham, Edinburgh, Manchester, Newcastle, Nottingham and Sheffield have light rail and Glasgow and Liverpool have underground systems. I'm not sure that Britain's ec… (View Post)

But housing costs vary enormously per person. If you've paid off your mortgage then they can be minimal. While for others they can take almost all of their earnings. Meaning there can be huge di… (View Post)

Indeed. GDP growth would follow the law of diminishing returns. If a country already has free markets, modern communication systems, an educated workforce and the rule of law there is little scope fo… (View Post)