Posts Tagged ‘economics’
December and January were tough months. Holidays meant many people left the City. There was very little tourism and few, if any, special events that draw large numbers into the City. This weekend and last weekend produced relatively high earning taxi shifts. Nearly every shift was above my all-time shift take-home mean. These relatively high [...]
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Tags: cab, california, center, earnings, econ, economics, estimate, estimates, events, expo, fare, fee, financial, gate, income, loss, macro, micro, moscone, profit, projection, revenue, san francisco, sf, shift, taxi, taxicab, tourism, tourists, trend, trendline, visitors
When I drive an 11 hour shift and make only fifty or sixty bucks I feel pretty sour. This doesn’t happen often. But, it does happen a few times a month during this time of year when demand for cabs in the City is seasonally low. My angry mind jumps first to the cab company. [...]
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Tags: california, care, clinton, club, commonwealth, company, corporate, corporate greed, coverage, econ, economics, greed, health, health care, health insurance, increase, insurance, labor, macro, marketplace, micro, npr, politics, radio, reich, robert, salary, secretary, social, socialism, wage, wages, wal-mart, walmart, welfare
(Photo Credit) On a recent episode of KQED’s Forum, Dave Iverson discusses the possibility of congestion pricing in the City with two main guests: Ken Cleaveland, director of government and public affairs with the Building Owners and Managers Association and Zabe Bent, senior transportation planner with the San Francisco Transportation Authority. To some degree, Ms. [...]
Filed under: econ, politics, transit | 2 Comments
Tags: california, cars, congestion, congestion fee, econ, economics, fee, hot lanes, lane, motor vehicles, muni, peak, policy, price, pricing, public, public policy, public transit, roadway, roadways, san francisco, sf, tax, taxes, transit, transportation, usage, usage fee, use, user fee, variable, variable pricing, vehicles
Dear Chronicle: Exodus of low-income City residents caused by rent control, not SOMA development.
This Chronicle article misses the mark. It gives a strong impression that development South of Market represents the reason San Francisco has become unaffordable for low income City residents. I paraphrase the introduction of the article: “Our City is changing. Boo, hoo sob story.” “Building all these high-rise apartments ‘Manhattanizes’ our city which raises home [...]
Filed under: econ, politics | 1 Comment
Tags: affordable, affordable housing, california, city, diversity, econ, economics, housing, income, low income, rent, rent control, rental, residents, san francisco, sf, urban
(Photo Credit) Here’s another cool factoid from the amazing (out-of-print) book on the history of the San Francisco Municipal Railway. We know Upper Fillmore Street today as a bustling commercial district with high-end shops and restaurants married closely with its residential community. This is a direct result of the great 1906 earthquake. After the quake, [...]
Filed under: econ, transit | Leave a Comment
Tags: 1906, build, cable, cable car, car, development, earthquake, econ, economics, fillmore, japantown, line, lrt, muni, pacific heights, public, public transit, rail, rebuild, san francisco, sf, train, transit, transport, western addition
What if each City cab were to have a bright green light which, when lit, indicates fares are half of the normal price? During off-peak times I can cruise for nearly as long as an hour without a fare. When it’s dead at 4 in the morning I’ll often drive by people stuck waiting for [...]
Filed under: econ, taxi | 2 Comments
Tags: cab, demand, econ, economics, market, microeconomics, muni, pricing, supply, taxi, taxicab, thought experiment, variable, variable pricing, variable supply
Is Fair Trade coffee really ‘fair’? The short answer: no. EconTalk’s Russ Roberts chats with Duke Econ Prof Michael Munger about the concept of Fair Trade Coffee. It’s a very difficult challenge to ensure that a consumer price increase correlates with a laborer salary increase. But, even assuming that this difficult challenge is overcome, here [...]
Filed under: econ, marketing | 6 Comments
Tags: aid, artificial, beans, ceiling, certified, coffee, developing, development, econ, economics, fair, fair trade, floor, free, free trade, international, labor, price control, pricing, trade
Tourism is San Francisco’s top industry by revenue. San Francisco is the 3rd most popular destination for overseas tourists. (1) (2) During the summer at least a quarter of all of my fares were tourists. Sometimes these visitors are aggravating — going from a downtown hotel to Pier 39 can get old after a while. [...]
Filed under: econ, taxi | 4 Comments
Tags: business cycle, cab, cycle, earnings, econ, economics, industry, local, local economy, san francisco, season, sf, summer, taxi, tourism, tourists, winter
The Goldman School of Public Policy at UC Berkeley prepared an analysis of the City’s taxi medallion scheme in 2006. Read it if you have a spare hour or so and if you enjoy these sorts of things. Here’s a summary if you want to keep your hour: the authors recommend switching to a transferable [...]
Filed under: econ, taxi, transit | 14 Comments
Tags: asset, cab, econ, economics, medallion, net present value, npv, permitted, sale, san francisco, sf, tax, taxi, taxicab, transfer, transferable, value, versus