Value Capture as a Policy Tool in Transportation Economics

An Exploration in Public Finance in the Tradition of Henry George

By H. William Batt

Value capture is a means by which to finance capital infrastructure, particularly transportation services, in a way that allows for efficient economic performance, simple administration, financial justice, and social facility. Because American society needs to find new means to finance transportation capital investment, particularly public transit, value capture offers an essentially painless opportunity to achieve these goals.

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