Archive for December, 2010

Red Train, Blue Train

Yesterday, Megan McArdle tweeted: Okay, I like trains and all, but the bemoaning of America’s lack of high-speed rail seems out of proportion to any possible benefits. Of course, many folks who support new investments in high-speed rail would no doubt say that the number of angry denouncements of rail programs seem out of all […]

Papers of the Day

Posted here to help me keep track of them. First: We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group (via increasing property prices) but hurt the latter (via increasing development costs). More desirable locations […]