US transit costs and how to tame them

Alon Levy, co-founder of NYU's Transit Costs Project, delves into the staggering expense of U.S. transit construction compared to global counterparts. He highlights how countries like Spain and Italy achieve efficiency through in-house expertise and standardized designs, contrasting with the costly privatization ideology seen here. Levy discusses strategies to bring ambitious projects, like high-speed rail in the Northeast, within reach, advocating for empowered civil servants and the adoption of international best practices to combat bureaucratic fragmentation.