It is hard not to get involved in such an interesting debate as that between David Metz and some members of the Institute for Transport Studies at the University of Leeds as to whether time savings or land-use changes are the better arbiter of transport appraisal (‘Time savings still the best way to appraise projects – economists’ LTT 17 Aug). It surely stretches the imagination to breaking point for Mackie et al to assume that “spending” travel time savings on...
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