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Posts Tagged ‘Michael Bloomberg’

Has the U.S. Reached "Peak Motorization"?

Peak oil? Probably not. But have we reached “peak motorization” in the U.S.?

Michael Sivak of the University of Michigan’s Transportation Research Institute says the answer is quite possibly yes:

The absolute number of vehicles reached a maximum in 2008. However, it is likely that this was only a temporary maximum and that the decline after 2008 was primarily driven by the current economic downturn that started in 2008. Consequently, with the improving economy and the expected increase in the U.S. population, it is highly likely that (from a long-term perspective) the absolute number of vehicles has not yet peaked.On the other hand, the rates of vehicles per person, licensed driver, and household reached their maxima prior to the onset of the current economic downturn. Consequently, it is likely that the declines in these rates prior to the current economic downturn (i.e., prior to 2008) reflect other societal changes that influence the need for vehicles (e.g., increases in telecommuting and in the use of public transportation). Therefore, the recent maxima in these rates have better chances of being long-term peaks as well.

But Sivak is smart enough to hedge his prediction:

However, because the changes in the rates from 2008 on likely reflect both the relevant societal changes and the current economic downturn, whether the recent maxima in the rates will represent long-term peaks as well will be influenced by the extent to which the relevant societal changes turn out to be permanent.


Downsizing Soft Drinks

In a recent New Yorker column, one of our best economics journalists, James Surowiecki, discusses Mayor Bloomberg’s proposal to ban sales of soft drinks in containers exceeding 16 ounces. Mayor Bloomberg clearly believes, and Surowiecki seems to agree, that people would consume smaller amounts of soft drinks and fewer calories if a ban were enacted.

But would the effect result from behavioral considerations—many people will drink only one serving whether it is 8 oz. or 32 oz.? Or would it result from the second drink costing more time—the effort to get up and order a second 16-oz. drink after buying one—and more money—because the per-ounce price reflects the additional cost of serving two 16-oz. portions instead of one larger portion?  Outside the laboratory, what many argue is evidence for behavioral economics can often be explained by standard neoclassical considerations of money and time costs in demand.


Will Congestion Pricing Fly in New York?

London has successfully instituted congestion pricing for private vehicles, and New York Mayor Michael Bloomberg has been trying very hard to do the same, but ran into stiff opposition from the public as well as political players. New York magazine reports, however, that Bloomberg has just gained an important ally: New York’s new governor, David Paterson. According to New York: . . .


Is Divorce Good for a Candidate?

With this third and final post, we wrap up our day of divorce. Find our other D-day contributors here and here. History shows that we Americans generally like to elect politicians who have a stable family life, or at the least the appearance of one: a spouse, perhaps a couple of children, etc. Among candidates running for national and statewide . . .


Offshoring Lung Cancer?

The Wall Street Journal reports on a new World Health Organization study about cigarette smoking around the world. The Journal‘s piece includes data from Euromonitor International about the number of cigarettes sold worldwide by various manufacturers. Here are the numbers of cigarettes sold (in billions) in 2006 by Philip Morris: U.S./Canada: 184 Asia Pacific: 197 Eastern Europe: 229 Western Europe: . . .


What’s a W.A.S.H.?

Mike Bloomberg regularly calls himself a “short, Jewish billionaire from New York” … but how Jewish is he? Here’s an interesting article from the Forward on Bloomberg’s brand of Jewishness in which an acquaintance calls Bloomberg something I’d never heard, but which is a pretty useful acronym: W.A.S.H., or a White Anglo-Saxon Hebrew. If widely adopted, this would give headline . . .


The Price of Smoking in Black and White

In today’s New York Times, Anthony Ramirez reports on the sharp decline in smoking in New York City. According to a study that interviewed 10,000 city residents, only 17.5% of the adult population now smokes, compared to 21.6% in 2002. What accounts for this huge drop? The article offers three potential causes: anti-tobacco TV ads, a smoking ban in restaurants, . . .


A New York Trifecta?

Now that it’s looking a bit more likely that Michael Bloomberg could maybe, perhaps, possibly run for President on a third-party ticket, you’ve got to at least entertain this bizarre ballot possibility in 2008: For U.S. President: Hillary Clinton (D-NY) Rudolph Giuliani (R-NY) Michael Bloomberg (I-NY) How nice it would be, speaking as a NYC resident, to know that regardless . . .


When It Comes to Guns, Virginia Can’t Get Out of the News

This is the kind of story you don’t read every day. The plot points: 1. Mayor Bloomberg of New York City sued two gun shops in Virginia, as part of his effort to stop guns being illegally imported to New York. 2. A gun-rights group called the Virginia Citizens Defense League mounted a fundraiser for the two gun shops, planning . . .


Abortion and Anti-Poverty in Mexico

We have blogged in the past about an anti-poverty program in Chicago that gave cash and prizes to poor families who paid their rent on time, got their kids to school, and looked for work. But Michael Bloomberg, the mayor of New York, has gone even further than Chicago to suss out an anti-poverty program that he may adapt for . . .


The New York Times examines why crime fell in New York City

In yesterday’s New York Times, Mike McIntyre writes about the reasons crime has fallen in New York City. Most of the article is about how Mayor Bloomberg claims credit for his police department. The article then goes on to say: Academic experts cite several plausible contributors to the nationwide trend, including an aging population (young men are responsible for most . . .