2 ms·
One reason infrastructure projects are so expensive in the US is the Davis–Bacon Act. Yet another example of government intervention in markets with 100% predi
by gwright 10y ago
One reason infrastructure projects are so expensive in the US is the Davis–Bacon Act. Yet another example of government intervention in markets with 100% predictable negative side effects.
Yet I'm sure there are many people in favor of "prevailing wages" while bemoaning the fact that we don't invest enough in infrastructure.
- infinite8s 10y agoThat doesn't explain the vast infrastructure projects of the 40s - 70s after WWII.