More Arguing Over Viability of Hypothetical Dallas-Houston High-Speed Rail Link
By populating [Glaeser's] model with a better set of assumptions, we hope to show how badly the economist missed the mark even on his handpicked example of an HSR link between Houston and Dallas. In reality, a well-designed high speed intercity rail project between the two largest cities in Lone Star State would likely produce a net economic benefit -- nothing at all like the white elephant Glaeser conjures up. In this more comprehensive model that takes into account trivialities like regional population growth and a reality-based route, the total annual benefits $840 million compared with construction and maintenance costs of $810 million. Which is to say, our numbers show that HSR pays for itself rather handily.