“We sign a contract for a North Rail that cost $17 million per kilometer while the equivalent cost in Shanghai is $7M.”

2009, Speech: The Socio-Economic Peace Program of Senator Francis Escudero

Adopted from Wikiquote. Last update Sept. 14, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "We sign a contract for a North Rail that cost $17 million per kilometer while the equivalent cost in Shanghai is $7M." by Francis Escudero?
Francis Escudero photo
Francis Escudero 354
Filipino politician 1969

Related quotes

“The fundamental idea of transaction costs is that they consist of the cost of arranging a contract ex ante and monitoring and enforcing it ex post, as opposed to production costs, which are the costs of executing a contract.”

R. C. O. Matthews (1927–2010) British economist

Source: "The Economics of Institutions and the Sources of Growth." 1986, p. 904; as cited in Eggertsson (1990; 14)

“In the ever-expanding universe of Pentagon contracting, cost is never the problem, public exposure is.”

Jeffrey St. Clair (1959) American journalist

The Making of Halliburton https://www.counterpunch.org/2005/07/14/the-making-of-halliburton/ (July 14, 2005), CounterPunch.

Robert X. Cringely photo

“If the automobile had followed the same development as the computer, a Rolls Royce would today cost $100 and get a million miles per gallon, and explode once a year killing everyone inside.”

Robert X. Cringely (1953) American technology journalist and columnist

Robert X. Cringely (1989), "Noted from the field" in: InfoWorld magazine, Vol. 11, nr. 10, March 6, 1989, p. 94

Francis Escudero photo
Elon Musk photo

“Falcon One is going to be the lowest cost per flight to orbit of any production rocket.”

Elon Musk (1971) South African-born American entrepreneur

Conversation: Elon Musk on Wired Science (2007)

Thomas Sowell photo
Ulysses S. Grant photo

“The war was expensive to the South as well as to the North, both in blood and treasure, but it was worth all it cost.”

Ulysses S. Grant (1822–1885) 18th President of the United States

Source: 1880s, Personal Memoirs of General U. S. Grant (1885), Ch. 41.
Context: There was no time during the rebellion when I did not think, and often say, that the South was more to be benefited by its defeat than the North. The latter had the people, the institutions, and the territory to make a great and prosperous nation. The former was burdened with an institution abhorrent to all civilized people not brought up under it, and one which degraded labor, kept it in ignorance, and enervated the governing class. With the outside world at war with this institution, they could not have extended their territory. The labor of the country was not skilled, nor allowed to become so. The whites could not toil without becoming degraded, and those who did were denominated 'poor white trash.' The system of labor would have soon exhausted the soil and left the people poor. The non-slaveholders would have left the country, and the small slaveholder must have sold out to his more fortunate neighbor. Soon the slaves would have outnumbered the masters, and, not being in sympathy with them, would have risen in their might and exterminated them. The war was expensive to the South as well as to the North, both in blood and treasure, but it was worth all it cost.

John Quincy Adams photo

“Though it cost the blood of millions of white men, let it come. Let justice be done.”

John Quincy Adams (1767–1848) American politician, 6th president of the United States (in office from 1825 to 1829)
George Friedman photo
Oby Ezekwesili photo

“How can the cost of education be the cost of life? It is unacceptable; it is reprehensible that we have allowed it to fester.”

Oby Ezekwesili (1963) Nigerian accountant, politician, human rights activist, convener of bring back our girls (Chibok girls) and pres…

Source: [Talking about what education has become in Nigeria]

Related topics