“The American economy is a growth Ponzi scheme where we try to . . . generate a short-term illusion of wealth by having our cities, neighborhoods and families take on enormous long term liabilities,” says Strong Towns founder Charles Marohn in an interesting article about the so-called infrastructure crisis. What he calls the “Infrastructure Cult” leads the nation to go deeply into debt building more and more infrastructure without ever asking “why do these investments not generate enough productivity — enough real return — to be sustained?”
Marohn and the Antiplanner have had our differences in the past. Marohn thinks the suburbs are dead. He thinks most urban arterials, which he derisively calls “stroads,” should be designed downwards in ways that will vastly reduce mobility.
When addressing an issue such as infrastructure, it is important to ask the right questions. So far as I’ve quoted above, Marohn has done so. However, I fear he will miss one important question, which is: How should we measure whether particular infrastructure investments generate enough productivity to be worthwhile?