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Paperback
Pub: 13/05/2024
There are few books that can claim to have changed the transport policy for London and the UK. Don Riley's underground classic, Taken for a Ride, is one such book. First published in 2001, a year after the opening of the then-controversial Jubilee Line Extension, Don Riley documented how new… more transport systems deliver extraordinary profits. The problem is that it's the taxpayers who pay and private landowners who profit. As Don explains, this was deliberate and is still how things are today. Don knew of the extraordinary gains available from good transport projects because he made massive profits on his properties from the Jubilee Line Extension around London Bridge. As acommitted capitalist, he wanted to be rewarded for what he had created and not for what the taxpayer had done. In this quietly revolutionary book, Don laid out a coherent case for unleashing a genuine entrepreneurial revolution by changing the tax system so that people are rewarded for their efforts. Research and experience since then have shown Don to be correct on almost every point. Twenty years later, Don's work has been fully updated with a new introduction by Fred Harrison, one of the world's top economists, a postscript by Dave Wetzel, former vice chair of Transport for London and an in-depth interview with Steve Norris, the transport minister who overcame Treasury resistance to gain approval for the Jubilee Line Extension. This investment may rank as one of the best in the post-war era. Crossrail data, shared in this updated edition, shows that the landowner gravy train continues unabated and that Don was right 20 years ago. We, the taxpayers, are still being robbed of the gains that come from well-designed transport projects. While it is true that this corrupt system still persists, it is also true that no other work has done more to give Londoners the city they deserve than Taken for a Ride. less
- ISBN:
- 9781916517035
- 9781916517035
- Category:
- Economics
- Format:
- Paperback
- Publication Date:
- 13-05-2024
- Language:
- English
- Publisher:
- Shepheard-Walwyn Publishers, Limited
- Country of origin:
- United Kingdom
- Edition:
- 2nd Edition
- Dimensions:
- 228.6x152.4mm
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