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SGS Economics and Planning suburban rail loop

Balanced perspective required on the Suburban Rail Loop

Insights

Transport

Economics and planning go together like toast and vegemite (or whatever your preferred spread is) – neither is much good without the other. Marion Terrill’s critique of the proposed Suburban Rail Loop underlines the need to apply both economics and planning in the successful prosecution of infrastructure policy. Economists look at the world and try to explain why it is as it is. Planners look at the world and consider how it should or could be. Public policy suffers whenever one perspective trumps the other.