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Last Friday, the Atlanta Journal-Constitution printed my editorial that argued that Atlanta BeltLine Inc. is spending large amounts of public dollars while providing very little in return. BeltLine, Inc. disagreed with my analysis. To counter their argument, I have provided a more detailed analysis of why the BeltLine will not work.
How a 'managed arterial' approach could cure Atlanta's congested roadsAugust 10, 2012
What if it were possible to increase an arterial's traffic capacity by more than would happen by adding a lane each way - but without having to widen it? Miami and Fort Myers, Fla., are both looking into this idea. It's called converting an arterial into a "managed arterial." The basic idea is to give motorists a way to bypass traffic signals, by adding overpasses or underpasses to major arterials. Because those "grade separations" are costly to build, a small toll (e.g., 25 cents) would be charged, electronically, for each underpass a motorist used.
Over at The American, Nick Schultz has posted an interview with Enrico Moretti, an economics professor at UC Berkeley and the author of "The New Geography of Jobs". Moretti's thesis is that new jobs and opportunities are increasingly clustered around 'brain hubs' - cities with well-educated workforces and strong innovation sectors. While old industrial areas decline rapidly, these 'brain hubs' thrive. According to Moretti's research, each new 'innovation job' brings with it five non-innovation jobs. If this is true, then one obvious implication is that labor mobility is vitally important. People need to be able to move where the work is...
Much of the hype from the Great Recession has focused on how exurbs are losing population while closer in neighborhoods are gaining population. In reality the opposite is often true. At last week’s American Planning Association conference in Los Angeles, Alan Mallach of the Brookings Institution highlighted that in Las Vegas the suburbs and exurbs have survived the recession while the older parts of the city have not fared as well.
One of President Obama’s landmark “smart growth” initiatives known as the Partnership for Sustainable Communities was also based on a Romney program. When Romney was governor of Massachusetts he fought sprawl and encouraged density. Romney’s administration worked to concentrate development in town centers, construct housing near transit stations, and improve existing roads instead of expanding them.
The Livable Centers Initiative (LCI) by the Atlanta Regional Commission (ARC) is intended to promote urban regeneration in metro Atlanta communities. But the projects it has funded have had little success in creating any sustained new economic activity. If ARC wants to continue with the LCI program, and if other cities want to follow the model, two simple rules should be followed: first, it should be funded locally; second, it should focus on activities that have been shown to actually underpin economic development, such as the construction and maintenance of roads –especially if it is funded by gas taxes.
View Resources by Type
- How Housing Regulation Increases Class Segregation
July 20th, 2012
- Inflationese: Pick Up a New Language Today!
July 14th, 2012
- California’s Latest Misguided Attempt to Solve the Housing Crisis
July 6th, 2012
- 4 Reasons Why the Housing Market Still Hasn't Recovered
June 17th, 2012
- Peter Schiff In the Octagon with Furious Congressbots
June 13th, 2012
- Bloomberg (News): Obama Shoulda Made HAMP, HARP Bigger
June 13th, 2012
- A “home is an essential part of the American dream”; White House Weaponizing Home Ownership for Re-Election Campaign
June 13th, 2012
- Is It Even Possible to Lower Property Assessments "Improperly"?
May 25th, 2012
- Land Use Wars: George Lucas Strikes Back
May 22nd, 2012
- Of Course Foreclosure Settlement Money Isn't Going to People With Foreclosures
May 16th, 2012
- California's Latest Deadbeat Property Owner: The City of Stockton
May 11th, 2012
- Goodbye, Million-Dollar Starter Home. Hello, Half-Million-Dollar Teardown
April 22nd, 2012
- Third Summer of Recovery Is Already Over
April 16th, 2012
- NYT Debate: Is Smart Growth Good, Great or Terrific?
April 9th, 2012
- Tim Cavanaugh Talks Islamism, Obamacare and Stagflation on PJTV
April 9th, 2012
- "You're not stabilizing the market. You're creating more chaos."
April 3rd, 2012
- Loan-Modification Scams Only News When There’s Hotness Involved
March 30th, 2012
- No, This Is Not a Housing Recovery
March 23rd, 2012
- Reason.tv: Time To Take Our Medicine, Bring on the Foreclosures Says Jim The Realtor
March 21st, 2012
- Watch/Listen to Matt Welch and Peter Schiff Talk Presidential Politics & Economic Policy
March 14th, 2012
- How Housing Policy Caused the Financial Crisis: Q&A with AEI's Peter Wallison
March 12th, 2012
- Arlington County Housing Division Hosts "Housing 4 Hipsters" Happy Hour to Help Hipsters Find Housing Assistance
March 5th, 2012
- Washington’s Lousy Real Estate Portfolio
February 27th, 2012
- People Can Live Underwater, Although They May Not Like It
February 9th, 2012
- Nick Gillespie Talks Politics of Homeowning on Freedom Watch w Judge Napolitano
February 7th, 2012
Experts: Redevelopment and Revitalization
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