Category: Ecosystem

New York City’s self-reinforcing homelessness ecosystem: Part 3, 63% homeless before

23 October, 2013 (09:00) | Cities, Ecosystem, Homeless, Housing, Housing Choice Vouchers, Incentives, Markets, New York City, NIMBY, resident services, Slums, Subsidy, Urbanization |

[Continued from yesterday's Part 2 and the preceding Part 1.]   By:David A. Smith   Thus far, using a story from WNYC (August 12, 2013), we’ve seen that New York’s ecosystem for addressing homeless simply increases the problem (attracting the homeless and quasi-homeless from all around), exacerbates exploitation (by rewarding landlords who become homeless slumlords), contributes […]

New York City’s self-reinforcing homelessness ecosystem: Part 2, more than $1 billion annually

22 October, 2013 (09:28) | Cities, Ecosystem, Homeless, Housing, Housing Choice Vouchers, Incentives, Markets, New York City, NIMBY, resident services, Slums, Subsidy, Urbanization |

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday’s post on the self-reinforcing failure of New York City’s ecosystem of anti-homelessness mandates, resources, programs and people, using this story from WNYC (August 12, 2013), demonstrated that a judicial mandate has forced New York City to do something, and the laws of political economy […]

New York City’s self-reinforcing homelessness ecosystem: Part 1, 73% increase in family homelessness

21 October, 2013 (12:38) | Cities, Ecosystem, Homeless, Housing, Housing Choice Vouchers, Incentives, Markets, New York City, NIMBY, resident services, Slums, Subsidy, Urbanization |

By:David A. Smith   When housing becomes an entitlement, no matter how noble the intentions, the results are destined to be perversely self-reinforcing, as revealed (with some reordering for logic) by this story from WNYC (August 12, 2013):   The cost of a perverse ecosystem: a homeless boy sits in the lobby at 60 Clarkson […]

Seed money

18 October, 2013 (09:00) | Economics, Ecosystem, emerging markets, Finance, Formalization, informality, Innovations, Law, mafia, marijuana, Massachusetts, Microfinance, Speculation, US News |

By:David A. Smith   Now that medical marijuana is legal in Massachusetts, people can buy it – can’t they?    It’s true I have a lot of friends in politics, but they wouldn’t be so friendly if they knew my business was drugs instead of gambling which they consider a harmless vice. But drugs, that’s […]

Prospero’s Europe: Part 1, Too broke to pay for fuel

5 February, 2013 (12:30) | Austerity, Economics, Ecosystem, EU, Eurozone, Greece, Spain |

By:David A. Smith   Illegal logging has surged in Greece as households suffering through three years of recession hoard wood to burn during cold winter days.   Though the body’s metabolism is not conscious, our cellular automata are rational: frostbite, gangrene, and starvation kill our extremities first, and the body lets them die to preserve […]