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William L. Anderson – Pacific Research Institute

William L. Anderson

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Will Amtrak be the future of intercity travel? Not likely

Will Amtrak be the future of intercity travel? Not likely by William L. Anderson | April 26, 2024 One of the things I enjoy hearing each weekday morning living in Roseville, California, is the horn of the Capital Corridor Amtrak train that leaves the Roseville station at 7:07, give or ...
Blog

Markets and subsidies: Exposing the delusions of urbanists

To understand the “rules” regarding the role of the internal combustion engine powered by fossil fuels, Calvinball comes to mind, created in the comic strip, “Calvin and Hobbes.” Calvinball players make up the rules as they go along, and other players cannot make sense of what is happening. To hear ...
Blog

Read latest from Free Cities Center

Misusing ‘externality’ theories to bolster government power

In a recent article, economist Timothy D. Terrell pointed out problems in modern economic theory that deal with what economists call externalities, or spillover costs, noting that in a world in which value is subjective, attempts to find objective ways to allay costs are elusive and generally end in failure. ...
Blog

Read latest on state's misguided transportation priorities

‘Induced demand’ a poor excuse not to build highways

Economists are known for different worldviews from others, and the gap usually is wide between economists and urban planners. Economist Thomas Sowell famously has said, “There are no solutions, only tradeoffs,” thinking that most planners reject out of hand. One contentious issue separating economists (or at least those that believe ...
Blog

Biden’s California Economy: Calling for national rent control

When running for president, Joe Biden often praised California’s governance and promised to nationalize many of the state’s policies. While Biden mostly has promoted the state’s infamous Assembly Bill 5, which was an attempt to largely outlaw independent contracting, the president also seeks to mimic the state in another way: ...
Blog

Mass transit in America: Pipedream or possibility?

A few years ago, when I taught at a university for a term in China, we lived in Changsha, a city of 7.5 million people. Because we didn’t have a car, we depended upon public transportation to get away from our campus and shop downtown. Especially attractive was the gleaming ...
Blog

Rent control is destroying a city near you

In 1977, President Jimmy Carter stood on a vacant lot on Charlotte Street in the South Bronx, surrounded by empty, burned-out buildings, something reminiscent of Berlin at the end of World War II. The scene looked like something from a scene in “Escape from New York,” but Carter promised he ...
Blog

Will Amtrak be the future of intercity travel? Not likely

Will Amtrak be the future of intercity travel? Not likely by William L. Anderson | April 26, 2024 One of the things I enjoy hearing each weekday morning living in Roseville, California, is the horn of the Capital Corridor Amtrak train that leaves the Roseville station at 7:07, give or ...
Blog

Markets and subsidies: Exposing the delusions of urbanists

To understand the “rules” regarding the role of the internal combustion engine powered by fossil fuels, Calvinball comes to mind, created in the comic strip, “Calvin and Hobbes.” Calvinball players make up the rules as they go along, and other players cannot make sense of what is happening. To hear ...
Blog

Read latest from Free Cities Center

Misusing ‘externality’ theories to bolster government power

In a recent article, economist Timothy D. Terrell pointed out problems in modern economic theory that deal with what economists call externalities, or spillover costs, noting that in a world in which value is subjective, attempts to find objective ways to allay costs are elusive and generally end in failure. ...
Blog

Read latest on state's misguided transportation priorities

‘Induced demand’ a poor excuse not to build highways

Economists are known for different worldviews from others, and the gap usually is wide between economists and urban planners. Economist Thomas Sowell famously has said, “There are no solutions, only tradeoffs,” thinking that most planners reject out of hand. One contentious issue separating economists (or at least those that believe ...
Blog

Biden’s California Economy: Calling for national rent control

When running for president, Joe Biden often praised California’s governance and promised to nationalize many of the state’s policies. While Biden mostly has promoted the state’s infamous Assembly Bill 5, which was an attempt to largely outlaw independent contracting, the president also seeks to mimic the state in another way: ...
Blog

Mass transit in America: Pipedream or possibility?

A few years ago, when I taught at a university for a term in China, we lived in Changsha, a city of 7.5 million people. Because we didn’t have a car, we depended upon public transportation to get away from our campus and shop downtown. Especially attractive was the gleaming ...
Blog

Rent control is destroying a city near you

In 1977, President Jimmy Carter stood on a vacant lot on Charlotte Street in the South Bronx, surrounded by empty, burned-out buildings, something reminiscent of Berlin at the end of World War II. The scene looked like something from a scene in “Escape from New York,” but Carter promised he ...
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