Posts Tagged ‘macro’

A recent episode of Russ Roberts’ EconTalk podcast featured a wonderful intersection of interests: economics, public policy and public transit. One of Russ’ academia friends, economist Michael Munger, speaks at length on the program about the public transportation system quality in Santiago, Chile before and after nationalization of their bus network. Prior to 2007 Santiago’s [...]


San Francisco cab drivers face two recent cost pressures: a recent gate fee increase combined with the recent climb in gas prices. Fortunately, these cost pressures come at a time when aggregate demand for taxis in the City is increasing. More tourists, outdoor City festivals, and frequent conventions bring in more and more cab passengers [...]


I point your temporary attention to a Flash website produced by UC Berkeley j-school grad students Eric Zassenhaus and Amy Jeffries. The video clips thumbnailed along the bottom are accurate and colorful paintings of a typical taxi shift. Well worth a view. But wait, there’s more. The site also features insightful interviews with Heidi Machen, [...]


My unwavering allegiance to the American Public Media radio program Marketplace was made ever tighter by a clear and compelling opinion piece by Jerry Taylor of the Cato Institute. The piece is written so concisely I can do no better than to quote Mr. Taylor’s introduction: President Bush and many others are fond of saying [...]


The Chronicle has a touching and well-written article about the aftermath of the Mission District fire that completely destroyed a 30-unit apartment building Monday evening. Central to the article is the story of Griselda Paleo. Ms. Paleo is 59 and lived alone in a studio apartment in the building. Her apartment was tied to an [...]


The San Francisco Municipal Transportation Agency (SFMTA) is a bureaucratic whale, containing, in separate stomachs, the Department of Parking and Traffic (DPT) and the San Francisco Municipal Railway (Muni) public transit system. Recently, the SFMTA crunched some numbers and said, “Uh oh, we won’t have enough money to cover our costs over the next two [...]


Marketplace painted a nice picture of Obama and Hillary’s voracious battle for the crown of ultimate NAFTA hater. This is frustrating. Yes, they’re in Ohio. Yes, they have to cater to the lowest common denominator. Instead, they should rise up above the normal crap and say, “Look America, NAFTA is here. I (didn’t support it/didn’t [...]


Let’s rewrite a few headlines to illustrate the point. Case 1 The original headline reads, “


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 [...]


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. [...]