Recent Streetsblog USA posts about Economics

When $1 Billion Doesn’t Buy What it Used To — And When it Does

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Since Washington’s economic recovery debate first began last fall, advocates for greater infrastructure investment have invoked one phrase more often than almost any other: "Every $1 billion spent on transportation creates 47,500 jobs." How many transportation jobs could this $1 billion create? (Photo: Infosthetics) Sen. Charles Schumer (D-NY) and Rep. Jerrold Nadler (D-NY) used that […]

Transit and Congestion, an Indirect Connection

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Yesterday, Freakonomics linked to a new piece of research [PDF] on congestion that I’d been musing over for a few days. Let me quote the abstract here (paragraph break and emphasis mine): We investigate the relationship between interstate highways and highway vehicle kilometers traveled (vkt) in us cities. We find that vkt increases proportionately to […]

Rezoning Tysons Corner: It’s Hard To Teach Old Dogs New Tricks

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Streetsblog has previously covered the effort to transform Tysons Corner, a bustling but car-oriented and traffic-plagued jobs center in Fairfax County, Virginia, into a walkable, transit-oriented corridor based around four new Metro stations — similar to the immensely successful redevelopment of the Wilson Boulevard corridor in Arlington, just a few miles to Tysons’ northeast. The project […]