Re: Another Assault on the Common Carrier Status of Railroads
Author: pdxrailtransit
Date: 10-21-2014 - 14:12
David Smith Wrote:
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> The obvious solution: We need to build more
> railroads.
Well if you can counter the basic fact of Capital, that it is risk averse. The money would almost certainly come from places like China and India, and even Russia. Of course in the Nineteenth Century, a lot of the capital came from the Germans and the Dutch,