Earlier quoted context omitted.
Alon Levy and the transit costs project are a great source of actual hard analysis on this- https://pedestrianobservations.com/2023/02/25/the-issue-of-c... has a great concise breakdown, pasted here because no one will click through: Based on around 100 interviews and many diagrams and reports, we managed to decompose the New York construction cost premium over low-cost countries, which is about a full order of magni…
I can't speak too much to the first several points, but noting - agency micromanagement of contractors - general red tape is very fitting and a direct contribution to - too little competition I worked with a startup company ~8 years ago that wanted to go after government contracts. According to the owners, everyone they demo'd the product to said it was very clearly superior to what they were currently using. Unfortu…
Reminds me of a demo I did for some Congresscritters once. The staffer said "It'll take $50k per record to bring this database online" so they refused to look at the live, running demo I had of the database online. I heard, later, that someone else got "$50k per record" as a contract.