Economics

The French nobility, observed Tocqueville in The Ancien Regime and The Revolution, supported many of the writers whose essays and observations ended up threatening “their own rights and even their existence.” Today we see much the same farce repeated, as the world’s richest people line up behind causes that, in the end, could relieve them of their fortunes, if not their heads.  read more »

Low fares and more bus service, rather than urban rail, is the key to improving transit ridership in Los Angeles. That conclusion can be easily drawn from a recent installment of transportation consultant Thomas A. Rubin and Professor James E. Moore II in their series on transit in Los Angeles. This article covers Improving Bus Service and Reducing Fares have Greatly Increased Transit Use in Los Angeles as part of a series entitled A Critical Review of Los Angeles Metro’s 28 by 2028 Plan being published by the Reason Foundation and its earlier installments were covered in a previous New Geography article.  read more »

Thanks to an urban-growth boundary, Denver has a housing affordability problem. Apartment rents have increased by 65 percent in the last decade, while the nationwide cost of living in that time rose by just 18 percent and rents nationwide increased by an average of 28 percent.  read more »

The Antiplanner has often called San Jose’s Valley Transit Authority (VTA) the nation’s worst transit agency (with some competition from DC Metro). It would be nice, however, to confirm that with hard data. The question is what are the best ways to measure agency performance?  read more »

If you haven’t been paying attention, and you should have, the balance of power energy-wise has shifted. Today, the U.S.A., Russia, and Saudi Arabia are neck and neck in oil production. The other OPEC countries, Iraq, Iran, United Arab Emirates (UAE), Kuwait, Venezuela, Nigeria, Angola, and Algeria together run a close second.  read more »

With a historically low unemployment rate, America is running low on workers in everything from high-tech to construction, manufacturing and services as Donald Trump’s stronger immigration policies help raise wages for existing US workers, from the lowest paid to well-paid construction workers, for the first time in decades.  read more »

When Notre Dame Cathedral caught fire in Paris on April 15, 400 firefighters were deployed to tackle the blaze. One of those workers was seriously injured, and two police officers were also hurt. Emergency workers risked their lives to remove artefacts from the burning cathedral, but most reports emphasized the value of the artefacts and artworks rather than the people who saved them.  read more »

(In the mid-1980's the Chicago White Sox were struggling on many levels -- to win on the field, to excite a fan base, and to upgrade their old home ballpark. That spurred them to push for a stadium deal either in the Chicago area or elsewhere. The Sox nearly moved to suburban Addison until the promise of a new stadium was narrowly defeated in a referendum, and nearly moved to Tampa Bay until the Illinois State Assembly intervened. That deal brought us the Guaranteed Rate Field the Sox have today, which opened in 1991.  read more »

The actress Felicity Huffman—along with 13 other parents charged in the college admissions scandal—entered plea deals last week, putting pressure on actress Lori Laughlin and her husband, designer Mossimo Giannulli, to do the same. Prosecutors are hinting that if Laughlin doesn’t accept a deal she could face 20 years in prison, 3 years of probation, and a $250,000 fine.  read more »

Can the California grid handle the charging challenges for the EVs the state is promoting to be on the grid? The knee-jerk reaction to going green as fast as possible has the potential to crash California’s already fragile economy. No one’s even talking about the load it’s going to put on the current grid. The silence is deafening.  read more »