Institute of Economic Affairs rips HS2 apart

by Jeremy on 19-Jul-2011

The Institute of Economic Affairs has today published its paper on HS2, tellingly calling it “High Speed 2: the next government project disaster?”. The product of research by Kyn Aizlewood and Dr Richard Wellings, the paper demolishes the business case for the hugely expensive HS2 project, calling into question its supposed regenerative effects and green credentials. According to Dr. Wellings, Britain’s transport sector is cursed by endless intervention by politicians. Investment has tended to be driven by political priorities rather than consumer demand. The emphasis has been on satisfying concentrated special interests rather than the wider populations of taxpayers and transport users.  Read the Executive Summary and from there download the full report.

Previous post:

Next post: