Fare Share

How governments all around the world resort to absurd marketing to finance largesse

At the risk of sounding like a broken record we'd like to say a bit more about economists' tendency to get their monetary history wrong; in particular, the common myths about the gold standard. If there's one monetary history topic that tends to get handled especially sloppily by monetary economists, not to mention other sorts, this is it. Sure, the gold standard was hardly perfect, and gold bugs themselves sometimes make silly claims about their favorite former monetary standard. But these things don't excuse the errors many economists commit in their eagerness to find fault with that "barbarous relic." The point, in other words, isn't to make a pitch for gold.  It's to make a pitch for something - anything - that's better than our present, lousy money.

5 effective ways to deal with "naysayers" (Paul Krugman including)

With MTA ridership about to to fall off a cliff once the new fare hike takes place, and the only time New Yorkers take cabs these days is to get to ever rarer interviews, mayor Bloomberg has recently come up with a scheme to boost mass transit tax collections. It seems that NY is considering a taxi sharing program to promote group ridership.

With MTA ridership about to to fall off a cliff once the new fare hike takes place, and the only time New Yorkers take cabs these days is to get to ever rarer interviews, mayor Bloomberg has recently come up with a scheme to boost mass transit tax collections. It seems that NY is considering a taxi sharing program to promote group ridership.

With MTA ridership about to to fall off a cliff once the new fare hike takes place, and the only time New Yorkers take cabs these days is to get to ever rarer interviews, mayor Bloomberg has recently come up with a scheme to boost mass transit tax collections. It seems that NY is considering a taxi sharing program to promote group ridership.