When discussing infrastructure development, the most important question is often ignored:
Should we build at all?
Before construction begins, every infrastructure project must undergo rigorous economic feasibility analysis. The real question is not whether we can build — but whether we should build.
Economic feasibility determines whether a project creates net value for society, justifies public investment, and efficiently allocates scarce resources.
The Economic Foundation: Scarcity, Choice, and Resource Allocation
At its core, economics is built on one principle:
Resources are limited. Human wants are unlimited.
