Tag: London

Contributor Post Created with Sketch. End the Olympics

 
Olympic Rings
Discarded Olympic rings from Beijing sit among garbage and overgrown with weeds.

The 1940 and ’44 Olympic Games were cancelled due to the war. And although she was still rebuilding, London held the first Summer Games afterwards in ’48. The total cost? £761,688. Converted to today’s currency that’s around $10.8 million (US).

Promoted from the Ricochet Member Feed by Editors Created with Sketch. Trafficking in a Bad Idea

 

shutterstock_110041646Adam Mann at Wired.com reveals a startling truth: if you build roads, people will drive on them!

In 2009, two economists—Matthew Turner of the University of Toronto and Gilles Duranton of the University of Pennsylvania—decided to compare the amount of new roads and highways built in different U.S. cities between 1980 and 2000, and the total number of miles driven in those cities over the same period.

“We found that there’s this perfect one-to-one relationship,” said Turner.