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Otis White writes that "the Amtrak experience shows that governments usually don't run good railroads".
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"When it's done, we'll have a good railroad".
From Pusan a good railroad system built by the Japanese and well ballasted with crushed rock and river gravel extended northward.
I have to conclude that it confirms the American experience that led to the formation of Amtrak in the first place; that is, businesses usually don't run good passenger railroads.
Manufactures include chemicals, paper goods, automobiles, railroad cars, petroleum and soap products, fabricated steel, and dairy and agricultural commodities.
This will require changes in the transportation network, with an emphasis on movement of goods by railroad and water.
By making it easier to move people and goods, the railroad mania will gradually shift the center of economic gravity inland, accelerating the development of central and western China in an echo of America's experience in the 19th century.
These should be good times for railroads and trucking companies.
But that lure also continues the exodus of people qualified to build the infrastructure it desperately needs to improve living conditions for the rest of its one billion people — and to bolster the sort of industries that require good highways and railroads more than high-speed Internet links to the West.
The recent uptick in gas prices is good news for railroads, and as gas prices bubble up near $75 per barrel, coal demand may have upside.
What good was that railroad schedule, after all, if it was lost on someone's desk?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com