Bart Frazier wrote a brief article for the Future of Freedom Foundation on private roads. He begins by discussing how most Americans remain strongly opposed to privately owned roads, while at the same time many have warmed to private education, medicine, and social security. This first part of the … [Read more...]
Yes, Virginia, government roads really are government subsidized, and no, they don’t approximate freed-market outcomes
Recently, I came accross an article by Charles Johnson, who blogs at Rad Geek. The article had linked to a Market Urbanism post about how user fees and gas taxes fall well short of funding road use in the US. Charles' article further debunks the Urbanism Legend asserted by free-market imposters … [Read more...]
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 routine; … [Read more...]
Irrationality Towards Shortages
Brendan Crain at Where tipped me off to a great post by Ryan Avent at The Bellows. Here's a little snippet of Shortage: For whatever reason, we’re not built to naturally internalize negative externalities. When riding on a crowded highway, no one (no non-economist, at any rate) curses the … [Read more...]
Urban[ism] Legend: Creating Jobs With Infrastructure
This post is part of an ongoing series featured on Market Urbanism called Urbanism Legends. The Urbanism Legends series is intended to expose many of the myths about development and Urban Economics. (it's a play on the term: “Urban Legends” in case you didn’t catch that) Last week … [Read more...]
Cul-de-sacs – Privatize ’em
Daniel Nairn at Discovering Urbanism brings up a great point about cul-de-sacs. Are they public goods, or truly unnecessary "socialism in its most extreme form"? Take the standard cul-de-sac that serves a handful of households. The purpose of this design is to exclude the general public from … [Read more...]
Tolling NY’s East River Bridges Back on The Table?
[flickr: darren bryden] 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 … [Read more...]
Matt Yglesias fails to make the right case against highways
Matt Yglesias is one of the best mainstream bloggers on land use/transportation that I know of. As one blogger (who I don't recall right now) once said, his urban planning and transportation posts could be blogs in their own right. However, it's puzzling that in an article for Cato Unbound, he … [Read more...]
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