We know railroads are the best form of transportation for moving large quantities of certain goods such as agricultural commodities, coal, etc. and other freight such as autos, consumer goods, etc. over long distances cheaply. But I had never thought about how much railroads are fuel efficient. According to AAR, American railroads on an average …

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One of the important infrastructure needs of a country are the roads. An excellent road network not only helps people travel from one place to another easily but also facilitates the movement of goods thereby increasing trade and unleashing further economic activities. In many emerging countries of the world, poor roads are a major hindrance …

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The United States spends more on defense spending than the next 9 countries combined as shown in the chart below. Defense spending accounts for more than 10 percent of all Federal government spending. In addition, half of all discretionary spending accounts for defense spending. Click to enlarge Source: Peter G.Peterson Foundation

The US healthcare system is the most expensive in the world. Such high spending does not necessarily lead to superior outcomes. The deaths of more than a million Americans in the covid pandemic is one evidence of that. One important factor that drives the cost of healthcare in the country is administrative costs due to …

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