economics

The Lakeview Chamber of Commerce is concerned that restrictive zoning, car parking requirements, and changing household types may hinder growth in the high-demand neighborhood and negatively affect local businesses. The chamber, along with Special Service Area #27 (map), published a report this week [PDF] that shows that not only is Lakeview's housing supply failing to keep up with population growth, it's actually decreasing.

Earlier this year, following a slight uptick in U.S. traffic volumes, Transportation Secretary Anthony Foxx said in a press release, "More people driving means our economy is picking up speed." He's not the only person to equate traffic with economic growth. Even former New York City Mayor Michael Bloomberg once said, "We like traffic, it means economic activity," before his administration embraced ideas like congestion pricing, bus lanes, and protected bikeways.

What would it cost to retrofit the entire United States to be reasonably bikeable?

Every bike ride to work, and every walking commute, is as good as money in the bank for the Australian economy, according to a new government report.