Business is growing for the New York State Marine Highway Transportation Company, according to co-founder Rob Goldman. His crew has found steady work towing barges of stone and sometimes oversized cargo like fighter planes along an expanded Erie Canal, also known as the New York State Barge Canal, that was completed in 1918.
“Let’s face it: a barge can’t deliver to your front door. A truck can,” Goldman admits. “But if we work with the trucks and we work with the rail, we can each be as efficient as possible and use as little fuel as possible because we’re efficient.”
New York’s entire canal system, including the Erie Canal, had revenues of $1.5 million in 2014 against $55 million to operate and maintain itself.
From Hansi Lo Wang/NPR.
In Praise Of The Land Value Tax
Jeff Spross‘ argument on a land value tax (LVT) as a means for local governments to raise additional revenues.
The cool thing about an LVT is it really reveals how an economy is really an ecology. Everything is interconnected, no man is an island, and no single act of productivity can truly be carved out from the cooperative whole. No one can create more land and no can make land itself intrinsically better, so when the value of land rises, that is literally an ecological phenomenon. In truth, a sizeable portion of the wealth our economy creates really does belong to no one and everyone at the same time.
[photo via Mike Mozart]
Fool For The City: How We’re Over-Hyping America’s Urban Comeback
Jacob Anbinder’s (The Week) conclusion:
Because for all the hype about America’s urban comeback, it’s clear that the comeback isn’t happening everywhere. It’s a complicated equation that determines where job growth occurs. And much of it remains unsolved.
And that’s the rub…
Are artists the secret to revitalizing Main Street? (Matt Hansen of The Week)
Many city planners looked to the prominent example of Manhattan’s Lincoln Center, the arts complex built as part of an urban renewal program in the 1960s, as the gold standard for what arts could bring to a city.