Category Archives: Economics

The War On Cars

Thoughts from Lileks:

I share many of the New Urbanist ideas for cities, but I can’t cast my lot in with the group because they are screwball-daft when the subject of cars comes up, and will entertain any inconvenience as long as it’s anti-car. I don’t want to ride a got-damned bicycle to work. Most people don’t. Period. So you have to force them out of their cars into something else. If a neighborhood is made sufficiently inconvenient for cars, some will adapt, and some will find a home in a placewhere they can have a car. That’s your choice. If you stay, fine; glad you’re happy. If you go out into the far-flung exurbs because you want to drive, and are willing to endure a few inconveniences, then fine; that’s yhour choice. You’d think the Critics of Everyone Else’s Choices would be happy that people are living far out and taking the train in, but no, a fresh new horror has revealed itself as people continue to show the depthless roiling stinky-pitch of their hearts:

While city planners generally welcome transit hubs to their community, they are concerned that, if improperly located, the stations will actually increase sprawl by encouraging people to drive to rail stations instead of walking, biking or taking the bus.

People are driving to the train.

And PARKING.

The monsters.

The Pension Crisis

It keeps getting worse.

As I’ve said in the past, if the federal government bails out a state, it should be under the conditions that it revert to territory status until it has demonstrated fiscal responsibility over a long period of time. And in the case of California, it should not be allowed to come back in as a single state. If this requires a constitutional amendment, I’ll bet you could slam one through enough of the more fiscally prudent states pretty quickly.

The Cloud People

versus the Ground People.

I totally get the anger that has created Trump. I share it. But I will never understand why they don’t see that he’s a false vessel for it.

Also, this is funny but sad, about Whole Foods customers.

[Update a while later]

This seems related: The new WASPs are Asians in Silicon Valley.

SpaceX’s Manifest And Schedule

Peter Selding has a good report on what Gwynne said earlier this week.

I don’t think sixteen more flights this year is overly ambitious. I’d sure like to see the heavy fly in November, the new announced date, but I also won’t be at all surprised to see it slip into 2017. And from what she said, I’m very encouraged about minimum refurbishment.

[Update in the afternoon]

Oh, isn’t this cute. Roscosmos thinks it can compete by cutting manufacturing costs on Angara.

Luxurious College Apartments

built on debt:

When people ask why college tuition is so high, defenders of the higher-education system point to things like “Baumol’s cost disease” (costs in industries without much productivity growth tend to rise, because they have to compete for labor with more productive industries) and declining state contributions to public colleges. No doubt these play a part. But this cannot explain the vast upgrades in college residential amenities that have taken place in the 20 years since I graduated from college, when a student union and some ivy on the walls was about the best you could expect.

But of course, our parents were paying for it, and they didn’t care whether we had a swimming pool. A certain Spartan element was supposed to be part of the ritual of college attendance, just as it had been when they were in college. What changed? I suspect the answer is that rising tuition, and the increasing reliance on student loans, has placed more of the financial responsibility into the hands of students. And the students shop for colleges based on … well, about what you’d expect when you give tens of thousands of dollars to 18-year-olds and ask where they’d like to spend the next four years.

This is policy insanity.