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Electric vehicles produce enormous negative externalities, which makes it odd that so many people want to (further) subsidize them. New post from me:
jpagels.medium.com/electric-vehic…
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Jim Pagels
7.3K posts
Jim Pagels
@jimpagels
@UMichEcon PhD student. Urbanism 🏙️ 🚴♀️, tennis 🎾, taxes, etc. Pigouvian. Texas native. [email protected]
Washington, DC Katılım Temmuz 2009
506 Takip Edilen1.4K Takipçiler
@jenny_schuetz If DC wants to get serious about statehood, they need to first append a "District of" to the name of Columbia Rd.
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Perfect set-up to ask: "Why does DC have avenues named for states, but not statehood?"
Martin Austermuhle@maustermuhle
If they want to video me in, I can choose a state-based avenue to stand on just to give it a little flair. ("Here's Martin from South Dakota Avenue.")
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Had to bike through a roundabout over a highway to get my Covid jab. Lifespan maximization function is clearly perfectly well-calibrated.
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Except a carbon tax would indeed actually improve lives and create job opportunities. nytimes.com/2021/04/08/opi…
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Jim Pagels retweetledi
Here's a wealthy Dallas suburb blocking the conversion of a big box store into 800 apartments. The window for Texas to adopt the land-use reforms needed to avoid a California-style housing crisis is quickly closing. dallasnews.com/business/real-…
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There seems to be robust research evidence from @jenniferdoleac, @benconomics, and many others of the detrimental unintended consequences of Ban the Box policies in the labor market. I fear #a2council might be making the same mistake in the housing market. mlive.com/news/ann-arbor…
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This paper is one of the big factors that drove me into urban economics. Even if you can influence policy in that area to be a mere 1% better, you could improve social welfare by literally *trillions* of dollars. twitter.com/ne0liberal/sta…
New Liberals 🇺🇦🇹🇼🇬🇱🌐@CNLiberalism
Remember that paper from Moretti and Hsieh saying that if NYC, SF and SJ loosened their zoning laws to a normal level, US GDP would be 3-9% higher? @bryan_caplan found an arithmetic error - the actual number should be that GDP would be **14-36%** higher! econlib.org/a-correction-o…
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@NotThisAsshole1 @mattyglesias Both parties are very happy to subsidize environmentally unfriendly, low productivity rural lifestyles.
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@jdcmedlock I'm guessing the implied claim is that workers that take up a lot of space or make noise in a crowded public space generate a tragedy of the commons negative externality, while these externalities are not generated by those working in private space like hair braiders or florists.
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@fvigeland Had an amusing moment yesterday among a crew of cyclists on Jefferson Drive. Ran into a total logjam of clogged car sewer of [parking | stand-still | parking]. We all looked at each other and smirked / rolled eyes and just diverted up the curb to the gravel Mall path.
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Today I must have passed literally 1,000 cars while biking through the Mall. Every single one would probably have declared themselves to be stuck in traffic. If only they had gotten out of their cars to walk to the cherry blossoms instead. 🌸🚴
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Can't help but have mixed feelings about ADUs in urban areas steps from public transit. The (marginally) increased housing supply is of course better than the status quo, but it locks in land-use that should really be for 10-story buildings of 300+ units. twitter.com/alex_block/sta…
alex block 🚅@alex_block
Alley ADUs going up...
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Jim Pagels retweetledi
54% of San Francisco homes are in buildings that would be illegal to build today. This is not due to safety concerns - the only purpose of these laws is to make housing more scarce and less affordable. Read more:
sfzoning.deapthoughts.com/illegal_homes.…
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I know it’s the year 2021, but there is still nothing on the Internet that provides more of an adrenaline rush than sniping someone on eBay to win an auction with 3 seconds left 😈
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Jim Pagels retweetledi
I wish these types of reports would be more upfront with how they define "profitable", the term that does all the argumentative work. It sounds a lot less scandalous when you realize $0 tax bills come from reinvesting earnings into physical assets and R&D nytimes.com/2021/04/02/bus…
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@haweav I think you're confusing population and household. Even if you assume zero non-HEB grocery stores, San Antonio has 1,500,000 pop / 2.77 avg household ≈ 542k households. And so about 11k households per HEB.
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I think this 24,000 figure is way too high, but it's still no surprise that extreme housing supply restrictions on downtown Ann Arbor (7670 population / 1.9 avg household size ≈ 4,000 households) result in downtown not having a grocery store. twitter.com/pushtheneedle/…
push the needle@pushtheneedle
A supermarket in single family Seattle needs about 24,000 households to support them. With this low density zoning, that's about a 25 minute walk. No wonder it has a huge parking lot. Supermarkets aren't struggling because of hazard pay, they're struggling because of zoning.
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@LeahLibresco I was wondering that too. I rarely take Uber/Lyft, but I doubt there's a huge cost savings to reduce your trip six minutes by taking the Metro for a portion of it.
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@jimpagels What is the point of listing a 42 min subway+Lyft trip under public transit! Why would you take 36min subway + 8 min Lyft when 14 min Lyft was an option??
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I think you'd have to make public transit fares roughly negative $30 before a majority of DC residents would wait at a bus stop to take a convoluted 73-min multi-transfer infrequent bus trek over an on-demand 14-minute private car ride.
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Jim Pagels retweetledi
William Nordhaus, 2018's Econ Nobel Prize winner, estimated that innovators only capture 2.2% of the total social value they create ( nber.org/system/files/w…).
Paul Novosad@paulnovosad
Pfizer is creating hundreds of billions of dollars of social value, and stockholders have earned about a 5% return since Jan 2020.
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