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Transportation: A Legal History

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Document pages: 138 pages

Abstract: As the gateways to an increasingly global market, transportation corridors are the arteries through which evertone, and everything everyone consumes, flow. Transportation networks stimulate trillions of dollars in trade, commerce, and tourism. In a global economy, they enable specialization in the production of goods and services, which, under the law of comparative advantage, stimulates broader economic growth. By shrinking the planet, transportation also facilitates the intermingling and integration of disparate economies and cultures. Cultural interaction enhances international understanding, thereby promoting global peace, which, in a thermonuclear world is essential for survival of the human species. It offers hope for the creation of a global village of friends and neighbors rather than antagonists and adversaries. Cultural interaction also stimulates intellectual, social, and artistic creativity, making the world a more interesting and richer place in which to live.

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