Molson Hart

Perhaps the best way to improve lives and economic growth is to design and build high-speed mass transit that people want to and will use. Doing so opens up wide swaths of low value land, which lowers housing prices and gives more people access to higher productivity cities. 2/8

Today public transit is usually less convenient & takes longer. Using public transit outside of the densest cities approximately doubles the commute time. E.g. in California, avg commute via car is 28 minutes vs public transport of 51. Texas it’s 26 vs 49. Ohio is 23 vs 43. 3/8

To make public transport work at scale in most cities, we need high-speed trains and buses that connect the suburbs to the city core and new technologies that solve the first mile/last mile problem. 4/8

Despite perception of many who live in NY or SF, walking/bikes/scooters don’t solve the last mile in most cities. Autonomous shuttles to/from transport station offer promise in a convenient and cost-effective way. The tech for these limited trips is close but not here today. 5/8

If/when autonomy arrives to solve the last mile, public transit can be cheaper, faster, and a better experience than driving a car for many more people. It will open up vast amounts of land that is within the Marchetti Constant. 6/8