3 ms·
A couple interesting things I've come across over the years: 1. Western politics seems tragically reactionary and concerned with short-term issues. "Boring" st
by djoldman 11mo ago
A couple interesting things I've come across over the years:
1. Western politics seems tragically reactionary and concerned with short-term issues. "Boring" stuff like infrastructure maintenance gets set aside. Deferred maintenance results in a superlinear increased expense: deferring $1 of maintenance today will cost you >$1 in the future (in real terms, accounting for inflation).
2. Some nations massively spend on some infrastructure with results little better than others.