"The Indiana Toll Road and the Dark Side of Privately Financed Highways."

The legacy of Saint Daniels stretches on, and on, and on ...

The Indiana Toll Road and the Dark Side of Privately Financed Highways

by Angie Schmitt and Payton Chung

This is the first post in a three-part series on the Indiana Toll Road and the use of private finance to build and maintain highways. Part two takes a closer look at how Australian firm Macquarie manages its infrastructure assets. Part three examines the incentives for consultants to exaggerate traffic projections, making terrible boondoggles look like financial winners.