Quote:
Originally Posted by Dave
Can anyone tell me why economists fail to see the non monetary benefits of rail based public transport? Is there a module in Irish universities for economics students that teaches them "buses good, trains bad." 
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To be fair to Barrett (as an ex-student of his) he does acknowledge the non-monetary benefits of railways, he just doesn't see them outweighing the monetary costs by and large in an Irish context, which I wouldn't be inclined to agree with mind. The lack of decent CBA in the Irish transport context doesn't help with dispelling this notion