Marginal Revolution).
Yes, it's basically a propaganda video, but interesting silent every bit a reflection on infrastructure. The video does non tell how long PRC spent on environmental review -- did it disturb wetlands, threaten diverse species, what's it's carbon footprint -- legal review -- is it paying prevalining wedlock wages, was it bid amongst proper woman mortal as well as minority headed construction fellowship railroad train asides -- did it cause got community input, consistency amongst planning targets as well as thence on. I incertitude it was the oh, 10 years or thence that takes inwards the US.
To move clear, I am non maxim all that is useless. PRC has awful pollution, and our reviews arrive at something. China doesn't bother amongst the niceties of individual belongings ownership, eminent domain proceedings, as well as legal challenges when they desire to build a railway. These don't only triple or to a greater extent than the terms of projects, post vast sums of coin to well-connected companies as well as lawyers as well as lobbyists, as well as delay projects for decades. But they every bit good cause got that effect.
It's every bit good interesting every bit a pivot mill visit. With that many people on a job, I would cause got idea they would move getting inwards each other's way. This video seems to deny the Q theory of investment! Some are standing, but a remarkable divulge are working hard. Of course, the video is edited.
When I sentinel United States of America infrastructure projects, I run into a lot of people standing only about or "supervising" the 1 pitiful sob who is genuinely doing the work. That ratio seems a lot lower here.
There are a lot of machines. The days of PRC substituting lots as well as lots of labor for uppercase are gone. The Chinese cause got taken Milton Friedman's advice. (On a see to a dam, Friedman noticed people using shovels. He asked why they didn't purpose bulldozers. The response was to grade to a greater extent than people employment. Friedman responded, why thence don't you lot brand them purpose spoons?) This is non a novel observation, but the video is a proficient reminder from afar.
Yes, it's basically a propaganda video, but interesting silent every bit a reflection on infrastructure. The video does non tell how long PRC spent on environmental review -- did it disturb wetlands, threaten diverse species, what's it's carbon footprint -- legal review -- is it paying prevalining wedlock wages, was it bid amongst proper woman mortal as well as minority headed construction fellowship railroad train asides -- did it cause got community input, consistency amongst planning targets as well as thence on. I incertitude it was the oh, 10 years or thence that takes inwards the US.
To move clear, I am non maxim all that is useless. PRC has awful pollution, and our reviews arrive at something. China doesn't bother amongst the niceties of individual belongings ownership, eminent domain proceedings, as well as legal challenges when they desire to build a railway. These don't only triple or to a greater extent than the terms of projects, post vast sums of coin to well-connected companies as well as lawyers as well as lobbyists, as well as delay projects for decades. But they every bit good cause got that effect.
It's every bit good interesting every bit a pivot mill visit. With that many people on a job, I would cause got idea they would move getting inwards each other's way. This video seems to deny the Q theory of investment! Some are standing, but a remarkable divulge are working hard. Of course, the video is edited.
When I sentinel United States of America infrastructure projects, I run into a lot of people standing only about or "supervising" the 1 pitiful sob who is genuinely doing the work. That ratio seems a lot lower here.
There are a lot of machines. The days of PRC substituting lots as well as lots of labor for uppercase are gone. The Chinese cause got taken Milton Friedman's advice. (On a see to a dam, Friedman noticed people using shovels. He asked why they didn't purpose bulldozers. The response was to grade to a greater extent than people employment. Friedman responded, why thence don't you lot brand them purpose spoons?) This is non a novel observation, but the video is a proficient reminder from afar.
