Blogs

Breaking News: End of the World Avoided (Brexit)

June 24, 2016 14:30 CDT

Thanks to modern technology, I have had the pleasure of spending nearly all of the last 18 hours with the United Kingdom's cable news network, Sky News, watching the election returns and aftermath [of the successful British European Union referendum (Brexit). Four weeks, the "Remain" campaign has been explaining that leaving the EU would result in huge economic and market disruption.  read more »

Six Nova Scotia Municipalities Reject Amalgamation

For years, some provincial governments in Canada have been either forcing municipal amalgamations or offering incentives for municipalities to merge. This has included municipalities from the largest (Toronto), which was forced into a merger over voter disapproval in 1998 in an advisory election to rural municipalities with fewer than 1,000 in Manitoba, forced to merge by the recently defeated provincial government.  read more »

Subjects:

Problems in the Orange County Grand Jury Light Rail Report

Earlier this month (May 9, 2016) the Orange County (California) Grand Jury issued a report entitled: “Light Rail: Is Orange County on the Right Track,” which is on the Grand Jury website here. The report largely concludes that it is not and that there is a need for a light rail system in Orange County.  read more »

Honolulu Rail: It Just Keeps Getting Worse

There seems to be no end to the difficulties facing Honolulu’s urban rail project. In an editorial, Honolulu’s Civil Beat noted that federal officials fear the project cost may reach $8.1 billion, which is more than 50 percent above the “original estimate” of $5.2 billion. The cost blowout of nearly $3 billion would be far more than state consultants suggested in a 2010 report.  read more »

Feds Forced to Set Priorities for Washington Subway

The Washington Metro passenger safety fiasco (see: America’s Subway: America’s Embarrassment?) has only gotten worse. On May 10 the Washington Post  reported the federal government has twice threatened to close the system if the Washington Area Metropolitan Transportation Authority (WMATA) failed to “take actions to keep passengers safe.” U.S. Secretary Anthony Foxx.  read more »

More Californian’s Continue to Drive Despite Policies to Discourage

“California Commuters Continue to Choose Single Occupant Vehicles,” according to a report by the California Center for Jobs and the Economy. The Center indicated:  read more »

Heart Attack Death Risk Greater on Higher Floors

A study in the Canadian Medical Association Journal (CMAJ) indicates that the survival rates of cardiac arrest (heart attack) is considerably worse at higher floors. Survival rates were compared by residential floor in Toronto. The article implied that the longer time necessary to reach patients after having arrived on the scene was likely a factor.  read more »

Subjects:

LSE/Netherlands Research Documents Price Effects of Tight Housing Regulation

New research by London school of economics Professor Christian Hilber and Wouter Vermeulen of the Netherlands Bureau for Economic Policy Analysis provides strength and evidence of the connection between high housing prices and strong regulatory constraints. The paper advances the science by estimating the share of house price increases attributable to regulatory constraints.  read more »

"Rising Rail Chaos" in Honolulu

That's what the Honolulu Star Advertiser calls it in an April 8 editorial entitled "Rising Rail Chaos Bodes Ill for Us All." Honolulu’s urban rail project has experienced a host of problems, which were described by University of Hawaii professor Panos Prevedoros in January, who called the project “the nation’s largest infrastructure fiasco by far” on a per capita basis.  read more »

California Companies Head for Greatness – Outside of California

Why would companies located in one of the most beautiful states in the country – California – undertake the costly proposition of relocating to places with less scenic appeal and less-than-ideal weather?

There are three answers and they relate to California’s business environment: Regulations, taxes and anxiety.  read more »