Blogs

Australian Local Governments Stop Forced Amalgamation

Local government consolidations are often proposed by a wide range of interests, often out of the belief that they will produce more efficient (less costly) governments. Much of the academic literature supports this view. However, the evidence indicates that material savings routinely fail to occur from such amalgamations. The claimed $300 million annual savings in Toronto's megacity quickly became higher costs and a larger bureaucracy.  read more »

The Myth of the Sustainable Public Budget

Nobel Laureate economist Paul Krugman caused a stir on ABC's This Week, expressing the following view to Christina Amanpour on the recommendations by the leadership of the US Debt Reduction Commission:  read more »

Subjects:

Miami Condo Price Implosion Continues

The National Association of Realtors has just published its quarterly median house prices and the trend continues downward in Miami. At the end of the third quarter, the median condominium price had dropped to $82,900 in Miami, about the same as the list price for a BMW-7 sedan. This places condominium prices at 77 percent below the 2007 second quarter median of $367,000.  read more »

HSR Just Doesn't Fit

According to many economists, including the well-respected Robert J. Samuelson, the federal government's effort to fund high-speed rail lines is like trying to fit a round peg into a square hole. If one really breaks down the numbers, the Obama administration's goals of reducing green house gas emissions, traffic congestion, and oil consumption with these rail lines are idealistic to say the least, and this idealism may cost states more than their budgets can handle right now.  read more »

Governor Christie Cancels Under-Construction Tunnel in Unprecedented Move

New Jersey governor Chris Christie reaffirmed his decision to cancel the "access to the regional core" tunnel across the Hudson River from New Jersey to New York. Christie had suspended his previous decision pending discussion of alternatives with the US Department of Transportation.  read more »

West Africa – Key to Feeding the Next 3 Billion?

Saturday October 16 marked my third day in Accra, Ghana representing AdFarm and Praxis Strategy Group at the National Food and Agriculture (FAGRO) show. We began the day with a deep dive into grower issues as panelist guests on an agriculture-focused radio program hosted by 90.1 Rite FM.  read more »

New York Political Leadership Forces Another Fare Hike

The New York Post editorialized (October 8) against what it called "Another TWU Fare Hike," blaming the union for the fares that will now rise to $2.50 for a ride. The editorial writer goes on to say of MTA chief Jay Walder, "It's not his fault that straphangers get whacked while the MTA's unionized workers -- whose blue collars come with fur trim -- don't have to make a single sacrifice to meet the MTA's shortfall."  read more »

African Farmers Hungry for Markets

The 30th World Food Day finds more hungry people on the planet than ever before. According to the Food and Agriculture Organization (FAO) of the United Nations 1 billion people live in chronic hunger. UN Secretary General Ban Ki-moon’s official message on this year’s theme “United against Hunger” reflects today’s global reality. “For many people, today is not World Food Day. It is another No Food Day.”  read more »

Satellite Cities for Beijing? Yes, But....

China Daily ran an article on the continuing urbanization of Beijing. In Build upward or outward: City’s growth dilemma, Daniel Garst notes that Beijing is not as centralized as other urban areas, with its multiple business districts and comparatively low density in its inner areas.  read more »

Property Values 11 Times Higher Across Portland's Urban Growth Boundary

One of the starkest impacts of smart growth policies is the huge differentials in property prices that occur on virtually adjacent properties on either side of an urban growth boundary.  read more »