The Real Cost Of Mega-projects

Are the benefits of mega-projects such as Boston's Big Dig worth their financial and social costs?
June 16, 2003, 6am PDT | Abhijeet Chavan | @legalaidtech
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"When state and local taxpayers expect that outside benefactors...will cover most project costs, they pay little attention to the question of whether benefits and costs are commensurate.Thus, governments across the country press forward with rail transit, stadium, arena, and convention center projects that independent economists find hugely expensive in relation to likely benefits."

Thanks to David Luberoff

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Published on Thursday, March 27, 2003 in The Boston Globe
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