– As I write, the United Kingdom is in the midst of a national election campaign. A month during which politicians vie to confuse the electorate with big numbers. Politics is suddenly ravaged by intangibility, because the national economy is unable to sustain the usual tangible proxies for a better life - "more schools and hospitals" - and because the tangible results of fixing that economy tend to b...
Scottish Tram Financing
– Introduces the concept of risk in tram (and similarly large public transportation and infrastructure) projects, chronicles the decisions that lead the City of Edinburgh Council to need to find hundreds of millions of pounds to support a single light rail project, and explores the implications for future policy-making, especially in the context of a more devolved Scotland.