Is this post trying to insinuate that car-roads are more worthwhile than railroads? Or canals for that matter? Because they aren’t. You backed the wrong boom. Sticking with rail would’ve been better in the long run.
I think you did not get the analogy. The point was that there was a canal bubble in the US which was mostly a huge waste of effort because the technology was outdated before a network could be completed to turn useless parts into a useful network. This was neither the case for rail or road networks. Both technologies experienced bubbles and overconstruction but they yielded large networks for generations to come.
Is this post trying to insinuate that car-roads are more worthwhile than railroads? Or canals for that matter? Because they aren’t. You backed the wrong boom. Sticking with rail would’ve been better in the long run.
I think you did not get the analogy. The point was that there was a canal bubble in the US which was mostly a huge waste of effort because the technology was outdated before a network could be completed to turn useless parts into a useful network. This was neither the case for rail or road networks. Both technologies experienced bubbles and overconstruction but they yielded large networks for generations to come.