Category: Infrastructure

Double-entry urbanization: Part 3, 1J = 1A + 1C

26 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | No comments

  By: David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] Any object, wholly or partially immersed in a fluid, is buoyed up by a force equal to the weight of the fluid displaced by the object.  – Archimedes’ principle of buoyancy Urban displacement is inevitable While Philip Oltermann, Anglo-German correspondent […]

Double-entry urbanization: Part 2, DPV = DI + DM = DE = DC

25 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | No comments

By: David A. Smith [Continued from yesterday’s Part 1] For every action, there is an equal and opposite reaction. – Newton’s Third Law of Mechanics It used to be so cheap to live in London – not any more As we saw yesterday, the first law of urbanization and economics proves that when a city […]

Double-entry urbanization: Part 1, RC = RE = RI + RR = RPV

24 August, 2015 (11:15) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | 1 comment

By: David A. Smith A = L + OE – The fundamental accounting equation As first documented in 1494 by Frater Luca Bartolomes Pacioli The father of accounting, or so they say Nothing in the universe acts without impact; all actions have consequences; and all changes to one side of the ledger likewise impact the […]

The highbrows’ sports carnival: Part 4, Toxic cocktail

13 August, 2015 (10:00) | Boosters, Boston, Democracy, Governance, Housing, Infrastructure, Journalism, Los Angeles, Moral hazard, Municipal finance, NIMBY, Olympics, Philanthropy, Public finance, Sports, US News | No comments

[Continued from yesterday’s Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith As we’ve seen in the three preceding parts of this post dissecting the corpse of Boston 2024’s failed bid to win the locals’ hearts and minds, the Olympics are effectively a highbrow sports carnival – a periodic revival […]

The highbrows’ sports carnival: Part 3, The city owns the Marathon

12 August, 2015 (10:00) | Boosters, Boston, Democracy, Governance, Housing, Infrastructure, Journalism, Los Angeles, Moral hazard, Municipal finance, NIMBY, Olympics, Philanthropy, Public finance, Sports, US News | No comments

[Continued from yesterday’s Part 2 and the preceding Part 1.] By: David A. Smith As we’ve seen in the previous parts, the campaign for public support of Boston’s 2024 Olympic bid was in many ways a clash of theories of influence: the mobile upstarts (rabble-rousing 140 characters at a time) versus the sober establishment (“All […]