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Tag Archives: micro
When should public transportation systems be private?
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 … Continue reading
Cab earnings update: seasonal rise in demand for taxis offsets increased fuel and gate costs.
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. … Continue reading
Posted in econ, politics, taxi, transit Tagged aggregate, cab, city, cost, demand, earnings, econ, employment, fee, forecast, fuel, gas, gate, gate fee, home, hourly, increase, infrastructure, labor, macro, micro, oil, pay, rise, san francisco, seasonal, sf, shift, take, take-home, taxi, taxicab, tips, transit, transportation, wage, winter, worker 1 Comment
Website highlights financial stress of driving a taxi in the City
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 … Continue reading
Posted in econ, politics, taxi, transit Tagged cab, city, commission, county, driver, econ, economics, fee, gate, gillespie, government, heidi, increase, industry, jim, labor, local, machen, macro, micro, oversight, policies, politics, regulation, san francisco, sf, taxi, taxicab, transportation, union, united, utw, worker, yellow, yellow cab 2 Comments
“Energy independence” is silly. We must use less energy regardless of its source.
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 … Continue reading
Fire destroys low-income resident’s apartment. Archaic rent control forces her to leave City.
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 … Continue reading
Posted in econ, happiness, politics Tagged affordable, ceiling, city, control, demand, econ, economics, housing, macro, market, micro, new york, new york city, nyc, policy, price, price ceiling, price control, regulation, rent, rent control, rental, san francisco, sf, subsidies, supply, unit Leave a comment
Hey, SFMTA, please double residential parking fees and introduce traffic congestion fees.
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, … Continue reading
Posted in econ, politics, transit Tagged bus, busses, congestion, department, dpt, econ, economics, empty, fee, fines, macro, meter, micro, mta, muni, municipal, neighborhood, parking, parking and traffic, permit, pockets, pricing, railway, san francisco, sf, sfmta, shortfall, spot, traffic, train, transit, transportation, user, user fee, variable, variable pricing, yearly 3 Comments
Ignore the Hillary/Obama charades: NAFTA is good.
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 … Continue reading
Politicians forget (ignore?) basic economics.
Let’s rewrite a few headlines to illustrate the point. Case 1 The original headline reads, “Supervisor looks to limit liquor licenses.” Supervisor Gerardo Sandoval seeks to add a ballot measure banning any future City liquor licenses. This headline should read, … Continue reading
Posted in econ, politics Tagged alcohol, california, control, development, econ, economics, license, licensing, liquor, macro, micro, permit, permitting, price, price controls, properties, rent, rent control, rental, sales, san francisco, sf Leave a comment
My taxi earnings begin to increase. Is it temporary?
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 … Continue reading
Posted in econ, taxi, work Tagged 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 Leave a comment