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Setting the right transit safety standards


Two years ago, two trains on Metro’s red line collided killing nine people in DC. In response to this tragic accident, Metro is spending $1 billion to improve the system’s safety. WMATA’s interim General Manager told the Washington Post:

“The system is absolutely safer than it was a year ago,” said Sarles, who was [...]

Trying to make a bad policy worse in NYC


In New York, lawmakers are currently debating a compromise between New York City and upstate interests to change the policies that shape residents’ housing costs. New York City lawmakers are fighting for an extension and expansion of current rent control laws, while Governor Cuomo wants to tie this extension to a two percent cap [...]

The Price of Parking in India


In Triumph of the City, Ed Glaeser offers a very insightful analysis of density restriction in India, home of some of the fastest growing cities in the world. He explains that while land use regulations are detrimental to economic growth in the United States, the consequences are much greater in developing countries. In particular [...]

Some notes on slums and free markets


Infrastructure often lags behind residential development in slums

Recently I’ve been seeing a lot of articles about slums (the NYT on Gurgaon, India, and the Guardian on Cairo), and inevitably the phrase “free market” gets thrown around. And as it should – so-called “slums” often have very minimal active governance, and as a [...]

Where have I been?


I (Stephen) have been focused on trying to find a job recently (speaking of which – if anyone’s got any freelance or permanent work or knows of anyone who might, I’m interested! smithsj@gmail.com), so as you can see, posting has dropped off. Adam also hasn’t been posting much lately, but, as you may have [...]

Irrational, or responsive to incentives?


In the Washington Post Brad Plumer editorializes on the choice of many Americans to accept longer commutes by car in exchange for larger homes far from their workplaces. He says that consumers are unable to accurately calculate the cost of their commutes, including time spent driving, leading them to make “irrational” choices about where [...]