October 2, 2016

The Failed Doctrine Behind the NJ Train Crash (My video blog)

A few days ago, I posted an article about the horrible train crash in Hoboken, New Jersey. Please read it here on medium.com or on HuffPo.

The basic argument is that the country (and NJ especially) have underinvested in infrastructure. The big reason why is a failed doctrine that is against (a) nearly all government activity and (b) spending on the common good (or at least is against collecting taxes to spend on the common good, which gets us to the same place).

Then things got more interesting. A few hours after I posted my lament that the state needs tax revenue for transportation, New Jersey's leaders came to an agreement to increase the gas tax 23 cents to fund transportation investment. It was clear that legislators and Governor Christie saw the connection to this crash.

See my video comments here...

(Andrew's book, The Big Pivot, was named a Best Business Book of the Year by Strategy+Business Magazine! Get your copy here. See also Andrew's TED talk on The Big Pivot.

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