Also to prop up house/property prices in general and pension funds which is a bit wider of a group but generally still the people on the upper end of the wealth rank.
Stupid thing really is when you have an asset bubble it does crowd out other investment.
It needs to burst for the good of the economy.
The QE and such stopped the opportunity for investors to learn that they should inves government to force investors to invest in productive capacity rather than asset bubbles.
Interestingly from a ‘Pigouvian’ tax viewpoint - i.e. polluter pays for externalities they impose; drivers should also be paying the price for any contribution to congestion that causes extra delay to others.
From this perspective, reinvestment in high capacity public transport in congested areas becomes pretty obvious. Or course that logic won’t stop many from wanting to widen low capacity roads instead.
Of course fuel taxes are not very localised in time and space, so they don’t really reflect congestion - not as as closely as they do pollution and noise.
If they cut fuel tax a bit and raised road prices targetting congestion, then reinvested in public transport that’d be good i think - because its closer to delivering the viable alternatives that might actually lead to some mode switching - that’s what you actually want to improve pollution, tax revenue can just be wasted, so rather have the actual switching and less tax revenue.
The problem with fuel taxes is they’re fairly invisible and many people just treat them as an overhead or sunk cost. Fuel tax is just a lot easier to implement than road pricing. But road prices can (should) simply be set a bit higher than the bus /train fare - giving a clear marginal price signal to use public transport as often as possible.
Presumptuous, smug, know it all, clickbait titles still didn’t die?
Fuck me, if I were in America and had to read toss like that, I’d probably think the population of ‘scientific’ americans contains a larger than normal proportion of cunts.
Must be dutch.
Bike is sofa and they have ride-thru fridges.
Agreed, It’d be interesting to see the cost breakdowns.
I guess you have to spend more on tracks to get higher speeds, but still to get to 600kph you must put a lot of electricity into that thing.
If sort of feels like maglev should be able recover a decent amount of electricity during braking, but maybe there are practical constraints - or just too much loss to wind resistance.
Maybe it comes down to just a handful of magnets round a few axles being cheaper than a long line of magnets the length of the track.
i like the use of “derailed” instead of “never got off the ground” in the headline.
I first thought it’d be like those electric scooter hire, or maybe bike hire schemes.
But looking on line it looks like it might be just a city run version of uber.
Demagogues like to reduce complex problems to a binary choice, so they can label one as righteous and the other as witchcraft . If they find something complex, they create an arbitrary (and often flexible) dividing line. That’s their method of creating fear, hate and fervent support for their case to have power.
Will any economic system necessarily succumb to demagoguery? maybe, it is a depressing thought. But I do think they’re more like cyclical memes. They’re not very stable societies - fear is a great short term motivator, but not so in the longer term - so they probably don’t last too long, but may rear their ugly heads after enough people forgot how bad they were. And short term might be 10-20 years in this context.
There are always socialist and individualist elements with any society or economy, such as between partners, families, neighborhoods, within small businesses, between vendors and buyers, or small teams within larger businesses. I think most large armies are ran similar to socialist dictatorships at the top level - at least the ones based on soldier’s labour, but there will be individualistic parts within, like ‘you look after your own sidearm’. Just like there are always private and individualistic elements within each of those groups, the types of relationships between people and businesses are never as simple as black and white, trust matters, legal system matters, past experience matters, ability to demonstrate ‘skin in the game’ matters, expectations about the future matters (reciprocity), observability/transparency matters, the possibility of free ridership, the benefits of free ridership, the emergence of standards and so on. All of these things influence some economic and social interactions to appear more ’ social’ in some cases, and more ‘individual’ in others.
Certainly two party democracies are basically set up for the top level to disintegrate into demagogic shit slinging about ‘our side’ vs ‘their side’, but real people and businesses will always have a diversity of types of behaviour and relationships - and I really don’t believe you can genuinely classify any economy (a collaboration of people) as ‘left’ or ‘right’ or ‘socialist’ or ‘individualist’.
Their “leaders” might well call them that though.
Agoraphobia became popular in the 1950s or something?
Give that poor bus a bus lane though.
I’m no expert but maybe also need some more larger particles in the mix. Is this just cement and sharp sand?
I thinks that’s about right for the UK, but at least one of my bikes is considerably cheaper.
Begs the question, why th efuck does anyone drive anywhere in this cuntry? A lot of severe mobility disabilities I think.
Just make sure his grinder/ knife/bullet hits you in the foam+plastic bike helmet. you’ll be golden.
No 1 rule of the concrete jungle, when they’re in heat do not honk back even if it’d be *really * funny. And if they’re randy enough to be seeping fluid out of the exhaust pipe , . . . I pray for you.
Haha, yeah. If you like, I can design a really cheap study with a small enough sample size that the chances of 50% are lower than either 0 or 100.
That’s how science works right, exploit the logistic distribution for the LOLs (and funding from an interest group). Aw shit-bags, this is not sciencemems,
I really like those stealth bike racks where they put a car shape on the road facing side so that the cars don’t get upset that they lost a potential parking spot.
They’ll never see through this clever ruse;. Most cars have pretty poor eyesight; the only way they’ll figure it out is if they honk at it, and it doesn’t respond convincingly.
I assume they have MS dev accounts to help with stuff like building compatibility with microdick file formats.
well it was novel enough to ignore any lessons from the 1920s and 1930s. The animal spirits aren’t novel, they’ve been there for centuries.
If anything the only novelty was a brief period when the animals were slightly controlled.
Unfortunately for some parts of ‘the west’’ they started to persistently elect animal spirits into to government. fml.
ed: spe;lng