Rising U.S. Debt: What Will Be The End Game?
Rising U.S. Debt: What Will Be The End Game?
America’s economy is by far the world’s biggest. With a projected 2025 GDP of over $30 trillion, we have been better at bringing prosperity to large groups of people than any nation in history. We’re also the most indebted. In absolute terms, the U.S. owes more money than any other nation, and was recently downgraded...
By Scott Beyer
Why Are There So Few Big City Walmarts?
Why Are There So Few Big City Walmarts?
Big-box stores have long been an integral part of U.S. suburban life, offering better deals and selection. But they’re less common in cities. There is still no Walmart in New York, Boston, Detroit, San Francisco or Seattle. In the 2010s, Walmart experimented with a smaller-scale model targeted at urban neighborhoods, but the results have been...
By Scott Beyer
How Road Design Makes Housing More Expensive
How Road Design Makes Housing More Expensive
Housing construction in America often occurs in subdivisions. Whether located in urban infill contexts or suburban greenfields (more often the case), these are standalone private developments with their own internal infrastructure. Seldom do they have real autonomy, though. They’re still subject to single-family zoning and other land-use regulations, which make many such communities exclusive. And...
By Scott Beyer