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> It's more accurately a common law problem. European states with Napoleonic law appear to avoid the cost spiral. Germany alone has like 3 major extremely over
by IdiocyInAction 5y ago
> It's more accurately a common law problem. European states with Napoleonic law appear to avoid the cost spiral.
Germany alone has like 3 major extremely over-budget infrastructure projects I can think of.
- JumpCrisscross 5y ago> Germany alone has like 3 major extremely over-budget infrastructure projects I can think of I'm going off cost per mile to build rail and road. Even when European projects go over budget, they still clock in below the U.K.–on average–which clocks in way below the U.S. (The latter gap is best explained by institutional ineptitude.)
- hulitu 5y agoCorruption also plays a big part in rising the cost.