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

That means less cronyism and more competition.

“Inequality is not necessarily bad in itself: the key question is to decide whether it is justified.”____ Thomas Piketty in Capital in the Twenty-First Century.

Piketty’s words read like a premise that is only half right, followed by a problematic corollary. Reasonable people will agree that some inequality is not only “not necessarily bad” but also very desirable and very necessary in order to stimulate the economy’s entrepreneurial and innovative spirits. Further, if some inequality is desirable, how much is enough and how much is too much? And who gets to decide?  read more »

In her 1961 book, Jacobs made daring observations about how the “good city” works. A good number of passages in the book dealt with safety, such as the following:

“The basic requisite for such surveillance [of the street] is a substantial quantity of stores and other public places sprinkled along the sidewalks of a district; enterprises and public places that are used by evening and night must be among them especially. Stores, bars and restaurants, as the chief examples, work in several different and complex ways to abet sidewalk safety.”  read more »

The San Bernardino County’s Board of Supervisors slammed the brakes on big solar projects and highlighted a challenge California could face if it seeks to eliminate the use of fossil fuels.  read more »

The Reason Foundation has just published an important review of transit in Los Angeles County, by transportation consultant Thomas A. Rubin and University of Southern California Professor James E. Moore II. A total of four reports have been released, under the title A Critical Review of Los Angeles Metro’s 28 by 2028 Plan. Links are provided at the end of this article. More reports are to follow.  read more »

While the North Texas economy is booming, the core city of Dallas faces challenges bedeviling other cities: a dwindling middle class, bifurcation into neighborhoods of haves and have-nots, and an emerging home affordability problem.  read more »

The people who build our homes increasingly can no longer afford them. As the state elite and their academic cheering crew celebrate our progressive boom, even the most skilled, unionized construction workers, notes an upcoming study, cannot afford to live anywhere close to the state’s major job centers.  read more »

Last year a neighbor began flying a State of Jefferson flag on the side of his house that faces mine. I had no idea what it represented, so I looked it up. Short version: the 23 rural northern counties of California want to break away from the rest of the state so they can do their own thing.  read more »

INRIX has released its 2018 traffic congestion numbers for more than 200 urban areas around the world. Unfortunately, the company changed its methodology from previous years, so the numbers aren’t comparable. It also isn’t clear how INRIX ranks congestion.

For example, the INRIX web page notes that, “In 2018, Bogota drivers lost 272 hours due to congestion — more than any other city in the world.” Yet Bogota is ranked number three behind Moscow (where drivers lost 210 hours) and Istanbul (where drivers lost only 157 hours).  read more »

Economists at the Federal Reserve Board have published exhaustive research on Millennial spending patterns and generally find that they are similar to those of other generations (See: “Are Millennials Different?,” by Christopher Kurz, Geng Li, and Daniel J. Vine). The research examines Consumer Expenditure (CE) Survey data and the conclusion is summarized by the authors:  read more »

Ships under foreign flags arrive daily at ports of call up and down California’s coastline carrying a precious cargo that the State can produce itself, yet it imports it because the powers that be won’t let California’s historically successful oil industry tap into the resources already available.  read more »