The beneficial “agglomeration effects” of public transit for economic development
As a long-time fan and rider of public transit – trains, subways, buses – I have always enjoyed the chance to take a break from driving, relax, and people watch. After moving to New York from California, I was amazed at how many things one could pack into a short period of time in Manhattan via the efficient public transit system! The environmental benefits in terms of reduced energy consumption and the increased efficiencies of urban density have been widely recognized in recent years. Now comes a report that public transit systems may be well worth the investment in terms of enhanced labor markets and economic development as well. As reported by Eric Jeffe in a recent edition of The Atlantic Cities, “…hidden economic value of transit could be worth anywhere from $1.5 million to $1.8 billion a year, depending on the size of the city. And the bigger the city, they find, the bigger the agglomeration benefit of expanding transit.” This conclusion stems from data analysis in a new paper by Daniel Chatman and Robert Noland, set for publication in Urban Studies, which makes a strong case that transit produces urban agglomeration. Chapman says: "It’s all about how people interact with each other. This is what could be happening by virtue of this densification near transit stops, which could happen from investments that draw people to use transit."Read the full report here.
Everyone who has ever made something or fancies that they might ever make something should watch this no less than 6 times. So many aspects of the creative process, from psychology to perseverance to inspiration, are explored here.
Reality, authenticity, truth? This video came at perfect time, as I finish reading “Reality Hunger” for a course in school. While I heard a lot of discussion about the importance of truth and how memory can fail an author, not a lot is about how stories and history is constructed within cultures.