Economics
May, 2026
Do diseconomies of scale actually exist in practice?
US Debt Surpasses GDP for First Time Since World War II
Q1 GDP Came In at 2% But the Inflation Numbers Are the Real Story
California High-Speed Rail: with cost estimates doubling between 2008 and 2012 alone, CAHSR became one of the most expensive rail construction projects in the world, on a per-mile basis. By this metric, it is 3X more expensive than rail construction in Spain, and 2X more expensive than in Taiwan.