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What Does That Have to Do With the Price of License Plates in China?

Bloomberg Businessweek reports that in Chinese cities, the cost of obtaining a license plate (about $6,900 back in 2011) can now exceed the cost of a vehicle:

Shanghai is one of four Chinese cities that limit car purchases by imposing quotas on registrations. The prices paid at Shanghai’s license auctions in recent months — 90,000 yuan ($14,530) — have exceeded the cost of many entry-level cars, the stronghold of Chinese brands such as Chery, Geely, and Great Wall. While residents with modest incomes may be able to afford an inexpensive car, the registration cost is often beyond their reach. “Whenever there’s a restriction of new car purchases through the quota system, there is always a big impact on lower-price cars like the ones we make,” says Lawrence Ang, executive director of Geely Automobile Holdings, whose Panda minicar sells for 37,800 yuan.

In our podcast “The Cobra Effect,” we looked at license plate rationing in Bogota, where households purchase two cars in order to be able to drive every day of the week. In China, counterfeit military licenses plates, which allow drivers to avoid being pulled over by the police, are popular. This week, the Chinese government announced a crackdown banning military licenses for luxury vehicles.



Does Child Abuse Rise During a Recession?

How do economic conditions affect the incidence of child abuse?  While researchers have found that poverty and child abuse are linked, there’s been no evidence that downturns increase abuse.  A new working paper (PDF; abstract) by economists Jason M. Lindo, Jessamyn Schaller, and Benjamin Hansen “addresses this seeming contradiction.” Here’s the abstract, with a key finding in bold:

Using county-level child abuse data spanning 1996 to 2009 from the California Department of Justice, we estimate the extent to which a county’s reported abuse rate diverges from its trend when its economic conditions diverge from trend, controlling for statewide annual shocks. The results of this analysis indicate that overall measures of economic conditions are not strongly related to rates of abuse. However, focusing on overall measures of economic conditions masks strong opposing effects of economic conditions facing males and females: male layoffs increase rates of abuse whereas female layoffs reduce rates of abuse. These results are consistent with a theoretical framework that builds on family-time-use models and emphasizes differential risks of abuse associated with a child’s time spent with different caregivers.



It’s Crowded at the Top: Full Transcript

This is a transcript of the Freakonomics Radio podcast “Crowded at the Top.” Kai RYSSDAL: Time now for a little Freakonomics Radio. It’s that moment every couple of weeks we talk to Stephen Dubner, the co-author of the books and the blog of the same name. It is “the hidden side of everything.”  Dubner, how are […] Read More »



Parking Is Hell: Architects to the Rescue

Inspired by our “Parking Is Hell” podcast, an ArchDaily op-ed shows how architects think about the parking problem:

The new car park in Miami is off to a good start, as it is definitively not brutalist, and has been designed and built to higher standards than its 1960s predecessors. It incorporates itself into an already walkable area, making it a success from the start. For this building and indeed any other mixed-use car parks which might be developed in cities worldwide, the lesson to take from the history of this peculiar building typology is that their success is very much dependent on the surrounding urban landscape being suited to accommodate them; much more than other building types, they are sensitive to poor planning.

Increasingly, poor parking arrangements are causing damage to our cities by occupying valuable space and contributing to congestion and pollution. The application of economics that we see in SF Park can mitigate these problems, without substantially changing anything – but wouldn’t it be better to fundamentally change our attitudes to parking, and design better spaces? We have surely learned enough from design’s history to make this a possible, and preferable, path to action.



America’s Most Well-Read Cities

Amazon has just released its third annual list of the Most Well-Read Cities of America — a ranking based on per-capita “sales data of all book, magazine and newspaper sales in both print and Kindle format.”  Here are the top 5:

1. Alexandria, Va.

2. Knoxville, Tenn.

3. Miami, Fla.



Facebook-onomics

In a new blog post, Stephen Wolfram lays out some of the data from Wolfram/Alpha Personal Analytics for Facebook project. He looks at average network size;  how network size varies with age, gender, and location (among other things);  and, our favorite, what people talk about on Facebook at different ages:

People talk less about video games as they get older, and more about politics and the weather. Men typically talk more about sports and technology than women — and, somewhat surprisingly to me, they also talk more about movies, television and music. Women talk more about pets+animals, family+friends, relationships — and, at least after they reach child-bearing years, health. The peak time for anyone to talk about school+university is (not surprisingly) around age 20. People get less interested in talking about “special occasions” (mostly birthdays) through their teens, but gradually gain interest later. And people get progressively more interested in talking about career+money in their 20s. And so on. And so on.

(HT: Justin Wolfers



Running to Do Evil: Full Transcript

This is a transcript of the Freakonomics Radio podcast “Running to Do Evil.” [MUSIC: Color Radio, “Towers” (from Architects)]   Stephen J. DUBNER: If you are a man, or a boy, and you have a brother, especially an older brother, then you know that the bond between brothers is unlike any other. Sometimes that bond is […] Read More »



Age Discrimination? Pay Your Birth-Year Rate

Canadian reader Lisa Sansom wrote to us about an interesting price promotion at Starwood hotels: 

PAY RATES EQUAL TO YOUR BIRTH YEAR 

We’re celebrating the year you were born. With this special offer for two or three night stays, you’ll receive rates equal to your birth year!

  • First night: full rate
  • Second or third night: rates equal to your birth year! (If you were born in 1948, you’ll receive your 2nd and 3rd nights at $48!)
  • Rates for second and third night stays will be confirmed at check-in upon presentation of valid ID.
  • Valid for arrivals Thursday – Saturday
Read More »