an analysis
U.S. Vice President JD Vance’s speech at the Munich Security Conference on February 14 represents a significant turning point in U.S.-Europe relations. Vance sharply criticized European elites for censorship, mass … Read More
In recent discussions on high-speed rail (HSR) in the Czech Republic, my colleagues and my perspectives have been echoed by Tomáš Havránek [1]https://sites.google.com/view/tomashavranek/, a highly regarded economist. Havránek, recognized as … Read More
[Čeština] In the Czech Republic, the projected high-speed railway project faces significant and increasing scrutiny. The Railway Authority has significantly overestimated passenger numbers and the economic benefits, while underestimating costs, … Read More
Rail travel in the Czech Republic: What does it really cost us? And how will the construction of high-speed rail (HSR) impact the state budget? Rail travel is supported by … Read More
Why compare with Spain? Because it has the longest HSR network in Europe and also received the largest share of EU funding for HSR construction. We chose France because the … Read More
At the Tory Party conference, Rishi Sunak announced the cancellation of the HS2 rail link’s Birmingham to Manchester segment. He described HS2 as the “ultimate example of the old consensus” … Read More
Prime Minister Sunak and Chancellor Hunt Discuss Scrapping Phase Two Amid Cost Spiral. HS2, the UK’s high-speed rail project, can be compared to the Czech VRT project. Reasons why the … Read More
“TL;DR” [Czech] Our article discusses the high cost of building high-speed rail (HSR) systems in different countries, including the United States, China, France, Spain, Japan, and the United Kingdom. Most … Read More
The controversial HS2 infrastructure project in the UK is already impacting the housing market. Sales have fallen 27% in areas along the route between London and Birmingham, compared to a … Read More
[Česky] Readers have asked how feasibility studies should be evaluated against reality. The best-known method is Reference Class Forecasting (RFC). This is an established method for accounting for the systematic … Read More
[Česky] HS2 was always one of the most disastrous megaprojects. It began with the former Labour Government and always had a hollow business case. The project was then taken on … Read More
[Česky] Fantasy meets reality. This chart shows the actual number of passengers on high speed rail in other countries and the forecast number of passengers as predicted by the Rail … Read More
