Recent research by Pew showed that half of the 20- to 34-year-olds polled did not expect to be living in [Philadelphia] in five to 10 years, largely because of concerns about education and career opportunities (the ones that never knock).
I love Philadelphia, it has become my home. But what will happen if the bulk of today’s middle class follows their parents and trickles out to the suburbs? — psmag.com
As money has piled up in recent decades, Chinese are turning to culture and the country is in a museum-building boom. Last year one museum was built every day on average, though the rush has since “slowed” to about one every three days, says Cathy Giangrande, co-author with Miriam Clifford and Antony White of the “Chinese Museums Association Guide,” an updated version of their 2009 book “China: Museums.” — NY Times
You can’t build your way out of congestion. It’s the roads themselves that cause traffic. The concept is called induced demand, which is economist-speak for when increasing the supply of something (like roads) makes people want that thing even more. [...]
What [economists] Turner and Duranton (and many others who’d like to see more rational transportation policy) actually advocate is known as congestion pricing. This means raising the price of driving on a road when demand is high. — wired.com
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