In light of approval in Honduras for three new charter cities (REDs), much has been written recently on their potential to improve economic development. Economist Paul Romer makes a compelling case for the potential of charter cities, asserting that countries with institutions that impede economic growth can benefit by designating small areas with rules [...]
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September 13th, 2012 | Category: Entrepreneurs, history, infrastructure | 6 comments |  printable view1. A reader from Vancouver wrote in to let Stephen and me know about a proposed policy to tax foreign investors at a higher rate than local property owners. Support for this policy is growing among residents, and with a mayoral election this Saturday, some are hoping to get candidates to endorse the policy [...] November 18th, 2011 | Category: infrastructure, Jane Jacobs, Uncategorized, zoning | One comment | printable viewThe Georgia Department of Transportation recently approved $102 million in projects to improve the state’s infrastructure. The department gave the go ahead on these projects as the state is in the midst of a debate over a new proposed one percent sales tax to help fund infrastructure. Highway supporters often argue that fuel taxes [...] September 12th, 2011 | Category: Economics, infrastructure, Transportation | One comment | printable viewIn his new book, Railroaded: The Transcontinentals and the Making of Modern America, Richard White explores the financing of railroads in the American West and the political process behind it. In history books, this accomplishment is often looked on as a heroic feat of engineering and perseverance, but White offers a contrasting perspective of [...] July 13th, 2011 | Category: corruption, infrastructure, Transportation | 17 comments | printable viewIn the last post, commenter AWP helped me realize that the marshmallow mountain analogy could be improved upon, since one person eating a marshmallow prevented another person from eating that same marshmallow. But the road cannot be subdivided as simply. Yes, a nit-picky implication of the vagueness of the term “good”, but I want to communicate [...] February 24th, 2011 | Tags: public good | Category: Economics, infrastructure, Transportation | 5 comments | printable viewBen Ross at Greater Greater Washington has an excellent post about the pernicious habit of states (and maybe the federal government?) mislabeling sales taxes as user fees. Sorry for pulling such a long bit, but it’s good: Maryland is considering raising its gas tax. This long-overdue measure would allow some of the general revenues [...] February 8th, 2011 | Tags: dc, gas tax, highways, Maryland | Category: infrastructure, Transportation | 3 comments | printable viewPeter Gordon blogs about a paper he presented at the Transportation Research Board conference in DC: My friends and I just presented this paper at the Transportation Research Board meetings in Washington DC. We tested the effects of tolling Los Angeles’ freeways in the peak hours (we tested 10 cents and 30 cents per [...] February 2nd, 2011 | Tags: congestion pricing, highways | Category: infrastructure, Transportation | 11 comments | printable viewI just started reading Paving the Way: New York Road Building and the American State, 1880-1956by Michael R. Fein, and though I don’t have time to talk as much about it as I’d like, I will say that I’m only a couple pages in and I can already tell it’s going to be great. [...] January 25th, 2011 | Tags: gas tax, highways, history | Category: Economics, history, infrastructure, Transportation | 4 comments | printable view |
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