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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Economics of Railroad Safety

The Economics of Railroad Safety

Savage, Ian

Paperback

Series: Transportation Research, Economics and Policy

EconomicsTechnology & Engineering

ISBN10: 1461375487
ISBN13: 9781461375487
Publisher: Springer Nature
Published: Oct 29 2012
Pages: 232
Weight: 0.79
Height: 0.53 Width: 6.14 Depth: 9.21
Language: English
The American public has a fascination with railroad wrecks that goes back a long way. One hundred years ago, staged railroad accidents were popular events. At the Iowa State fair in 1896, 89,000 people paid $20 each, at current prices, to see two trains, throttles wide open, collide with each other. Head-on Joe Connolly made a business out of cornfield meets holding seventy-three events in thirty-six years. Picture books of train wrecks do good business presumably because a train wreck can guarantee a spectacular destruction of property without the messy loss of life associated with aircraft accidents. A train wreck has also entered the popular vocabulary in a most unusual way. When political manoeuvering leads to failure to pass the federal budget, and a shutdown is likely of government services, this is widely called a train wreck. In business and team sports, bumbling and lack of coordination leading to a spectacular and public failure to perform is also called causing a train wreck. A person or organization who is disorganized may be labelled a train wreck. It is therefore not surprising that the public perception of the safety of railroads centers on images of twisted metal and burning tank cars, and a general feeling that these events occur quite often. After a series of railroad accidents, such as occurred in the winter of 1996 or the summer of 1997, there are inevitable calls that government should do something.

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