[extropy-chat] Psychology of investments in infrastructure

[MB]

>
> All this grim speculation illustrates my point exactly: future cities
> might
> develop all smeared out like the Silicon Valley as opposed to the New York
> City model.  Subways are suitable in San Francisco-like places, but not
> Silicon Valley-like places.  Therefore subways, along with light rail, are
> poor investments.
>

Do you think this is why rail seems to work so well in Europe (my
understanding) - because the cities are, so many of them,  "pre-auto"  and
there's not much place to spread to?

Regards,
MB