Bootstrapping Hawaii

> Do you develop the tourist industry in one big, interconnected shot
> or do you take little steps?

I present Case's Principle: If the goal is long-term sustainable
development then if you can't get there in little steps, you can't get
there.
As a rule of thumb it's true. However the Channel tunnel was funded, and until it opened, no baby steps would have created it. It's very likely to be long-term sustainable now it's open, (although the Japanese banks that funded it took a bath, since the repayment is going to be much longer than they hoped.)

OTOH it took more than 200 years to get funded, so I'm not entirely sure that that's not the exception that proves the rule :-)
......Andrew

P.S. only the wording of the principle is original - the ideas behind
it have been around for a long time.
The wording I saw was more like:

"Most big systems in the world, used to be small systems, with the capacity to grow."

But I'm unable to find a more exact quote at the moment.