by Stephen SmithThe Wall Street Journal ran an article a few days ago claiming that the MTA's recent NYC transit cuts have lowered real estate prices along train and bus lines that have been axed. While it's not a quantitative study, the anecdotes are compelling: "The buyer who buys in Astoria … [Read more...]
Private Buses: Econtalk Takes A Second look at Santiago
Back a couple years ago, I noted an Econtalk podcast with Russell Roberts and Duke University Professor Mike Munger on the private bus system in Santiago, Chile. This week's episode starts with Munger's update on the Santiago transportation system after visiting for three weeks and spending a lot … [Read more...]
The Nation’s mass transit hypocrisy
by Stephen SmithI was heartened to see an article about the need for mass transit in the pages of The Nation, though I was severely disappointed by the magazine's own hypocrisy and historical blindness. The article is in all ways a standard left-liberal screed against the car and for mass … [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...]
Another On “Conservatives” and Urbanism
While I sympathize with the theme and agree with regards to roadway spending and "conservative" hypocrisy, a recent article in the progressive The American Prospect takes a narrow-minded view of politics and urbanism, while throwing around broad generalizations about evolution and global warming to … [Read more...]
Housing + Transportation Affordability Index
affordability in New York CityPlay with the HUD-Brookings Institution's new index maps here:The Housing + Transportation Affordability Index, developed by CNT and its collaborative partners, the Center for Transit Oriented Development (CTOD), is an innovative tool that measures the true … [Read more...]
Reason.org’s Staley Not in Favor of Property Rights if…
That is, he argues that private property should be subject to government planning restrictions if a developer building densely on its property creates a traffic burden on government roads.Wooten points out that any solution to Atlanta's traffic congestion has to focus on roads, not transit or … [Read more...]
EconTalk Podcast on Public Transportation
I regularly listen to Russel Robert's EconTalk podcasts. This week's podcast with Michael Munger from Duke University is particularly interesting, and possibly my favorite, along with the Milton Friedman interview.Photo by Flikr user Silvia SugastiProfessor Munger had just returned from … [Read more...]