Does being richer make you more self-interested?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 8 December 2023
⏱️ 8 minutes
🧾️ Download transcript
Summary
As part of this month’s Econ Extra Credit series, we’ll look at a study about how likely drivers were to stop for a pedestrian waiting at a crosswalk. Turns out, the nicer the car, the less likely it was to stop. What can we learn about how wealth — or the lack of it — impacts our behavior? We’ll also check on the status of big passenger railway upgrades throughout the U.S.
Transcript
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| 0:00.0 | Hi, it's Sabrie Beneschoor with Marketplace. |
| 0:02.3 | Are you looking for a way to show off your love of Marketplace this winter? |
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| 0:24.0 | Where are these fast trains the country has been promised? |
| 0:29.0 | I'm David Brancaccio in New York. |
| 0:31.0 | President Biden is out west fundraising for his re-election, but also |
| 0:34.4 | announcing where the federal infrastructure billions are going when it comes to high-speed passenger |
| 0:40.4 | railroads. |
| 0:41.4 | Marketplace's Henry Up reports. |
| 0:43.0 | Two major rail projects in California will each get 3 billion federal dollars. |
| 0:48.0 | One is the publicly funded high-speed line that's supposed to eventually link Los Angeles to San Francisco. |
| 0:54.4 | State voters first approved funding for that in 2008, but the cost has ballooned, drawing fire |
| 0:59.6 | from state and national Republicans, and only a portion of the line is expected to be completed by 2030. |
| 1:06.0 | The other project is a privately run passenger connection between Las Vegas and the LA area. |
| 1:11.3 | A company called Bright Line is building it along an interstate highway and aims to finish |
| 1:15.3 | in time for the 2028 LA Olympics. Bright Line already operates a high-speed train between Miami |
| 1:20.8 | and Orlando, Florida. The federal money won't fully cover the cost of either California project, |
| 1:26.0 | but proponents say it's a critical step to eventually making both of them a reality. |
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