Newgeography.com - Economic, demographic, and political commentary about places

Follow the Money: Special Inspector General for the Bailout

iStock_000007908319XSmall.jpg

The House Committee on Oversight and Government Reform held a critically important hearing on July 21 titled "Following the Money: Report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP)." Sadly the mainstream media under reported the meeting.  read more »

The Blue-State Meltdown and the Collapse of the Chicago Model

statemapredbluer1024.png

On the surface this should be the moment the Blue Man basks in glory. The most urbane president since John Kennedy sits in the White House. A San Francisco liberal runs the House of Representatives while the key committees are controlled by representatives of Boston, Manhattan, Beverly Hills, and the Bay Area—bastions of the gentry.  read more »

The Rich Home on the Range

CPlake.jpg

Have your home on the range, access to a few thousand acres …without paying for it all!

By Candace Evans

Mark Lowham was raised on a ranch in Casper, Wyoming. He got away from roping steers and repairing fences to study at Stanford Business School. Lowham thought he might return to ranching one day, but he never dreamed that instead of roping steers, he’d be marketing ways to rope adults into a herd of conservation-minded land-owners.  read more »

The Next Culture War

iStock_000007137658XSmall.jpg

The culture war over religion and values that dominated much of the last quarter of the 20th century has ended, mostly in a rout of the right-wing zealots who waged it.

Yet even as this old conflict has receded , a new culture war may be beginning. This one is being launched largely by the religious right's long-time secularist enemies who are now enjoying unprecedented influence over our national politics.  read more »

Housing the Next Generation with Old Shipping Containers

sgblockhouse.png

If the predictions are accurate, America will have to house some 100 million more people by 2040 to mid-century than is now the case. Despite the current round of foreclosures and rising apartment vacancy, over the long term the demand for humane, affordable, sustainable housing is going to escalate dramatically in the coming years.

In this recessionary time, it may be tempting to ignore the coming boost in housing demand. Yet eventually growth will pick up and the housing market will become re-invigorated. Nonetheless, the problem of meeting the demand for affordable housing will remain.  read more »

Urban Backfill vs. Urban Infill

iStock_000009988797XSmall.jpg

By Richard Reep

Wendell Cox recently reported on the state of so-called “urban infill” efforts, and analyzed which cities are experiencing an increase in their density. This report shows some surprising trends. Cities such as Pittsburgh, which claim to be successful at “infilling”, are actually dropping in density, in part because of low birth rates and lack of in-migration.  read more »

Forcing Density in Australia's Suburbs

iStock_000008907641XSmall.jpg

Australia is a continent sized country with total urbanized area of only 0.3%.  As is the case with the USA, the population is increasing as a result of natural growth and immigration. The country is blessed with a sunny climate and enough space to enable its inhabitants to enjoy a relaxed, free lifestyle.

Given this, one would expect there would be little support for the higher density housing ideology of the Smart Growth advocates. Yet since the early 1990s the Australian Federal Department of Housing has been pushing exactly this approach.  read more »

Subsidies, Starbucks and Highways: A Primer

iStock_000003414830XSmall.jpg

At a recent Senate Banking Committee hearing, Senator Robert Menendez of New Jersey, responding to comments about large transit subsidies, remarked that the last federal highway bill included $200 billion in subsidies for highways.

The Senator should know better. The federal highway bill builds highways with fees paid by highway users, not by subsidies.  read more »

Solar Gains On The Green Competition

solar panels iStock_000004428087XSmall.jpg

The living room of my electrician friend Harry Gres was filled with solar panels which were destined for his roof to demonstrate the advantages of his new eco-business venture. In the spirit of Herbert Hoover's campaign pledge of a car in every garage, Harry envisions solar panels on every roof (including garages).  read more »

The Next Global Financial Crisis: Public Debt

iStock_000008575134XSmall.jpg

The cloud of the global financial meltdown has not even cleared, yet another crisis of massive proportions looms on the horizon: global sovereign (public) debt.

This crisis, like so many others, has its root in the free flow of credit from the preceding economic boom years. The market prices of assets were rising steadily. Rising valuations, especially where they were based on improving revenues from robust economic activity, led to rising income streams for governments. This encouraged governments to borrow more, perhaps often to expand services – and the bureaucracy required to offer services – although sometimes to improve infrastructure.  read more »