Three decades ago, the Texas Transportation Institute (TTI) at Texas A&M University began a ground-breaking project to quantify traffic congestion levels in the larger urban areas of the United States. The Urban Mobility Report project was begun under Tim Lomax and David Shrank, who have led the project over the first 30 annual editions. read more »
Jerry Brown and California’s “Attractive” Poverty
Jerry Brown is supposed to be a different kind of politician: well informed, smart, slick, and skilled. While he has had some missteps, he's always bounced back. His savvy smarts have allowed him to have a fantastically successful career while generally avoiding the egregious dishonesty that characterizes so many political practitioners. read more »
Are Millennials Turning Their Backs on the American Dream?
In his classic 1893 essay, “The Significance of the Frontier in American History,” historian Frederick Jackson Turner spoke of “the expansive character of American life.” Even though the frontier was closing, Turner argued, the fundamental nature of Americans was still defined by their incessant probing for “a new field of opportunity.” Turner’s claim held true for at least a century—during that time, the American spirit generated relentless technological improvement, the gradual creation of a mass middle class, and the integration of ever more diverse immigrants into the national narrative. read more »
Long Island's Flawed Housing Policy is the Real Brain Drain
Affordable housing is Long Island's greatest regional failure and the key to our success in the 21st century. Yet, for such an important topic, there is still a fundamental lack of understanding of the problem, and a marked lack of standardization in studying it. read more »
The Tough Realities Facing Smaller Post-Industrial Cities
A couple weeks ago the Economist ran a leader and an article on the plight of smaller post-industrial cities, noting that these days the worst urban decay is found not in big cities but in small ones. They observe: read more »
Playing Musical Chairs with World Economies
The world’s largest economies seem engaged in something like the children’s game of “musical chairs.” For years, the United States has been the world’s largest national economy, though in recent decades the integrated economy of the European Union has challenged that claim given that the region includes four of the ten top national economies, Germany, the United Kingdom, France and Italy. The most recent data, reflecting the deep European recession, indicates that the top position has been retaken by the United States. read more »
American Cities May Have Hit 'Peak Office'
Despite some hype and a few regional exceptions, the construction of office towers and suburban office parks has not made a significant resurgence in the current recovery. After a century in which office space expanded nationally with every uptick in the economy, we may have reached something close to “peak office” in most markets. read more »
Density, Unpacked: Is Creative Class Theory a Front for Real Estate Greed?
“The heresy of heresies was common sense”—George Orwell
The stories we tell affect the lives we lead. I do not mean to be abstract here. I mean, literally, the stories that are told make up a kind of meta-reality that soaks in us to form a “truth”. This “truth” affects policy, which affects investment, which affects bricks and mortar, pocketbooks, and power. Eventually, the “truth” trickles down into a more real reality that defines the lives of the powerless. read more »
L.A. Ports Face Challenge from Gulf Coast
In this strange era of self-congratulation in California, it may be seen as poor manners to point out tectonic shifts that could leave the state and, particularly, Southern California, more economically constrained and ever more dependent on asset bubbles, such as in real estate. One of the most important changes on the horizon is the shift of economic power and influence away from the Pacific Coast to the Gulf Coast – the Third Coast – a process hastened by the imminent widening of the Panama Canal. read more »
The Dutch Rethink the Welfare State
When the Netherlands’ newly coronated king made his first annual appearance before parliament, he turned some heads when he addressed the deficiencies of the Dutch welfare state. “Due to social developments such as globalisation and an ageing population, our labour market and public services are no longer suited to the demands of the times”, the king said in a speech written by Liberal prime minister Mark Ruttes cabinet. “The classical welfare state is slowly but surely evolving into a ‘participation society’”, Willem-Alexander continued. By this he meant that the public systems should start encouraging self-reliance over government dependency. read more »