Statistical rigour and HS2
At the Treasury Select Committee, in relation to HS2, Professor Graham said that it was important that we get these numbers right and in a scientifically rigorous way. Both he and Professor Overman attacked the work published by KPMG as not only insufficiently rigorous, but also on the grounds that the results are too optimistic. […]
The Political Economy of Risk Taking – and how HS2 is Misunderstood
High Speed Rail has no shortage of enemies. It is challenged for having rising costs, too few benefits and for being the plaything of vested interests, such as local authorities and rail companies. These are often cheap shots, based on what sometimes appears to be a wilful misunderstanding of what HS2 is actually about, though […]
A wake-up call for the Department of Transport: do the proper sums, HS2 is worth it
The High Speed 2 rail project is under fire on many fronts. The Nimby protests in the affluent Home Counties have been augmented last week by more weighty criticism by the National Audit Office (NAO) of the scheme. At least, this is how the NAO’s work has come across in the media. But the NAO […]