I read in the DomPost today that Transmission Gully is supposed to cost $955m. If my calculations (based on the NLTP) are correct, that’s about eight times more than the entire government spending on public transport planned for Wellington next year. Which is stupid. We could write to Fran Wilde about it.
From a review of The Bourgeois Virtues by Deirdre McCloskey:
For the last generation, we’ve been admonished to lock “utopia” in the attic of historical nightmares and dwell within the cheerfully commercial boundaries of the capitalist imagination. It’s been busy and entertaining and, until recently, it’s been safe. The poor were forgotten or chastised, the critics were stifled or bribed, and the billions in the slums of globalization’s wake were silenced with promises and missiles. But as Mike Davis puts it in Planet of Slums with grim and austere eloquence, “the gods of chaos are on their side.”
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