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What Would Moses Do? (Robert Moses, that is…)


(Map of Robert Moses’ unbuilt proposals via “vanshnookenraggen.”)

Sandy Ikeda blogs:

If Moses were around today I don’t think he’d waste any time getting every major project he could think of “shovel ready” for hundreds of billions of stimulus money. While he’s no longer with us, I do fear that, with the incentive structure of the [...]

NY Rent Control Revival


In an act of pure legislative idiocy in the face of overwhelming consensus among economists against rent control, the New York State Assembly started the ball rolling to strengthen rent regulation. NY Times:

The Democratic-led Assembly passed a broad package of legislation designed to restrain increases on rent-regulated apartments statewide. The legislation would essentially return [...]

MTA Rider Report Card: an F for Incentive Structure


This morning, as I stepped to the stairway that brings me into Brooklyn’s 86th street subway station on the R line, I was greeted by two MTA employees who handed me MTA’s ‘Rider Report Card’ to fill out and mail in. As I started down the steps, I noticed something different than the usual [...]

Using eminent domain to blight neighborhoods


by Stephen Smith

The Weekly Standard has a comprehensive and compelling piece of investigative reporting on Columbia University’s attempt to acquire 17 acres in the heart of the Manhattanville section, north of its Morningside campus. The tale is a classic example of eminent domain abuse – the university worked hand-in-glove with the government to designate [...]

Landmark Incentives


by Sandy Ikeda

The other day I was lecturing to my students about externalities and the Coase Theorem.  One of the examples I used came directly from the our textbook – Heyne, Boettke, & Prychitko’s The Economic Way of Thinking.  It asks what would happen if you tried to declare a large tree in your neighbor’s [...]

Tolling NY’s East River Bridges Back on The Table?


Congestion pricing schemes, touted as environmentally-responsible at the time of $4 gas, were defeated in New York City last Spring. However, as the market turmoil threatens to wreak havoc on tax revenues, fiscal necessity has lured New York State and New York City politicians to re-examine the political viability of charging tolls to drivers [...]

Could NY Democrats Revive Rent Control?


New York State’s Assembly is now in Democratic control.  On many legislators wish list is to end the vacancy decontrol provisions that allow landlords to remove a unit from rent control if a tenant moves out and the unit rents for more than $2,000 per month.  (for those of you not in New York, apartments [...]

Sandy Ikeda Guest-Blogging at Market Urbanism


When the New York Sun decided to shut down its press, the biggest loss to the blogosphere was Sanford Ikeda’s Culture of Congestion blog. At the Sun, Sandy blogged about cities, economics, politics, and related subjects.

Sandford Ikeda is an Associate Professor of Economics at SUNY Purchase. Professor Ikeda is the author of Dynamics [...]

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