Much has been written about the growth of the sharing economy where information technology, such as mobile apps and automated software facilitate interactions between businesses, individual workers, and customers. Proponents argue that the system provides greater access to goods and services at lower prices while reducing costs for employers and independent contractors. read more »
Reading the recent report “The Texas Way of Urbanism” promptly reminded me of my status – twice a migrant; from small town to big city (Athens) and from big city to another country. These moves were propelled by a singular motivation: seeking opportunity to better my lot. I knew next to nothing about the cities I moved to: their shape and history, their culture, their social divisions and even language were absent from my viewfinder. All that mattered was the chance for a new start. read more »
Now and again Australia erupts in controversy about housing affordability. Each time it follows the same course. Some new statistic or media story confirms that prices are out of control. A senior politician is prompted to call for deregulation and more supply, and is backed-up by the property industry. Then come progressive policy wonks saying no, the issue is high investor demand stimulated by tax concessions. Next emerge the welfare lobby, calling for tax reform as well as more social housing and “inclusionary zoning”. read more »
This is the first in an occasional series of articles that will look at some of the campaign promises made by Donald Trump in his run-up to November 8, 2016. I will be taking a “by the numbers” look at ideas ranging from immigration and border security to trade and infrastructure. I will not be taking a position on whether these are good ideas or bad ideas – this is not a normative analysis. Instead, I will be outlining the feasibility and the economic consequences of several potential policies. read more »
The rise, and then the improbable election, of Donald Trump have reawakened progressive fears of a mounting authoritarian tide. With his hyperbole and jutting chin, he strikes some progressives as a new Benito Mussolini who will threaten free speech and other basic human rights. read more »
Jane Jacobs talked about the “sidewalk ballet” of her neighborhood and the importance of eyes on the street. But her conception of that, one where shopkeepers policed the sidewalks in front of their stores and kept an eye out for neighborhood kids, is far away from what we have today.
From its inception, the American experiment has been dogged by racial issues. Sadly, this was even truer this year. Eight years after electing the first African-American president, not only are race relations getting worse, according to surveys, but the electorate remains as ethnically divided as in any time of recent history. read more »
The Economy of Cities
Cities have been called “engines of growth”. What does that mean?
Fly over a major city and what do you see? Not well defined centers and sub-centers. More likely, an amazing complexity. We argue that what is actually down there, but hard to actually see, is a large number of superimposed and spatially realized supply chains. read more »
Contrary to the media notion that Donald Trump's surprising electoral victory represented merely the actions of unwashed “deplorables," his winning margin was the outcome of rational thinking in those parts of the country whose economies revolve around the production of tangible goods.
And their economies stand to gather more steam in the years ahead. read more »