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Another reason economists are dorks!

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Road Cycling
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29 July 2003
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Garrison Hillia
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  1. The Car vs. the Bicycle by Raymond J. Keating

    --------------------------------------------------------------------------------

    July 9, 2003

    Living in a prosperous, market economy offers countless benefits. In the U.S., that most certainly
    includes widespread ownership of automobiles.

    Indeed, one of the striking differences I’ve noticed over the years between our nation and many
    undeveloped, non-market economies is that our roads have lots of cars and trucks, while many of
    these other countries have lots of bicycles.

    Now, don’t get me wrong, I have nothing against bicycles for competitive, recreational and exercise
    purposes. However, as a primary mode of transportation, they most certainly leave a lot to be
    desired. The fact that people in this country can afford to buy cars or SUVs, and don’t have to
    peddle bicycles to work and the store is a good thing.

    However, for more than a quarter century, some in the environmental movement haven’t seen things
    this way. They hold that the automobile is an evil polluter and consumer of natural resources. These
    greenies would like to see many more of us riding bicycles around town and to work.

    Unfortunately, even when Republicans are in charge of Congress such goof ball ideas receive
    attention. Consider the energy bill that passed the U.S. House of Representatives in April. The
    legislation includes some positive items, such as opening part of ANWR to exploration, reducing some
    regulatory obstacles to drilling on certain federal lands, and repealing the Public Utility Holding
    Company Act of 1935, which had disassembled economical energy operations and hampered future
    integration. There also are many counterproductive measures, including a boatload of subsidies and
    mandated expansion of the use of ethanol.

    The bill also would establish the “Conserve by Bicycling Program” under the Department of
    Transportation. This program would set up “10 pilot projects … dispersed geographically throughout
    the United States” and “designed to conserve energy resources by encouraging the use of bicycles in
    place of motor vehicles.”

    The program would “use education and marketing to convert motor vehicle trips to bicycle trips,”
    “maximize bicycle facility investments,” and the National Academy of Sciences would conduct “a study
    on the feasibility of converting motor vehicle trips to bicycle trips.”

    The study would evaluate the pilot projects, and “determine the type and duration of motor vehicle
    trips that people in the United States may feasibly make by bicycle,” of course factoring in issues
    like weather, land use and traffic patterns, “the carrying capacity of bicycles” and “bicycle
    infrastructure.” In addition, the report would “determine any energy savings that would result from
    the conversion of motor vehicle trips to bicycle trips” and perform “a cost-benefit analysis of
    bicycle infrastructure investments.”

    All of this for a mere $6.2 million, at least to start. Who knows how much more will be spent down
    the road. After all, bicycle infrastructure costs money.

    The next time a politician proclaims that government has been cut to the bone, just think of this
    federal bicycle program, which also would require that state or local governments pick up at least
    20% of the cost for each pilot project. I can hear politicians in the states declaring what a
    bargain this would be as local taxpayers would only have to foot a mere one-fifth of the total cost.

    If some people want to peddle a bicycle to their jobs or to go shopping, that’s their business. But
    no sound reason exists for the government to be using taxpayer dollars to promote bicycles over
    motor vehicles. Government conservation efforts certainly don’t make any sense, as the market is far
    better equipped to gauge the proper level of conservation through prices. The environment is not an
    issue, as automobiles run cleaner than ever before. A program like this is just a wasteful sop to a
    small number of environmental extremists.

    When it comes to modes of personal transportation, it’s better to let consumers decide if they want
    to drive or peddle to work.

    --------------------------------------------------------------------------------

    This column may be reprinted with appropriate credit.

    _______________
    Raymond J. Keating is chief economist for the Small Business Survival Committee, and co-author of
    U.S. by the Numbers: Figuring What’s Left, Right, and Wrong with America State by State (Capital
    Books, 2000).

    sbsc.orgLatestNews Action.asp

  2. According to his SBSC website bio, Mr. Keating holds an MA in economics from New York University, an
    MBA in banking and finance from Hofstra University, and a BS in business administration and
    economics from St. Joseph`s College. He seems to be living proof of two of my own personal theories-
    first, that idealogues of *any* political persuasion are fools and second, that the almost universal
    access to higher education here in the US has ruined a lot of potentially good manual laborers.

    Regards, Bob Hunt

  3. Garrison Hilliard <[email hidden]> wrote in message
    news:<[email hidden]>...

    Quoted message said:

    The Car vs. the Bicycle by Raymond J. Keating

    [snip]

    Quoted message said:

    Raymond J. Keating is chief economist for the Small Business Survival Committee, and co-author of
    U.S. by the Numbers: Figuring What?s Left, Right, and Wrong with America State by State (Capital
    Books, 2000).

    All that, and he used 'peddle' three times when he probably meant 'pedal.' Sheesh.

  4. He's complaining about $6.2 million being spent over a whole year to accomodate people who want to
    ride their bikes as transportation when the U.S. is spending almost $4 billion a month to occupy
    Iraq, more than $130 million every day, $5 million every hour.

    "Garrison Hilliard" <[email hidden]> wrote in message
    "]news:[email hidden]...

    Quoted message said:

    The Car vs. the Bicycle by Raymond J. Keating

    -------------------------------------------------------------------------


    -------

    Quoted message said:


    July 9, 2003

    Living in a prosperous, market economy offers countless benefits. In the


    U.S.,

    Quoted message said:

    that most certainly includes widespread ownership of automobiles.

    Indeed, one of the striking differences I've noticed over the years


    between our

    Quoted message said:

    nation and many undeveloped, non-market economies is that our roads have


    lots of

    Quoted message said:

    cars and trucks, while many of these other countries have lots of


    bicycles.

    Quoted message said:


    Now, don't get me wrong, I have nothing against bicycles for competitive, recreational and
    exercise purposes. However, as a primary mode of transportation, they most certainly leave a lot
    to be desired. The fact


    that

    Quoted message said:

    people in this country can afford to buy cars or SUVs, and don't have to


    peddle

    Quoted message said:

    bicycles to work and the store is a good thing.

    However, for more than a quarter century, some in the environmental


    movement

    Quoted message said:

    haven't seen things this way. They hold that the automobile is an evil


    polluter

    Quoted message said:

    and consumer of natural resources. These greenies would like to see many


    more

    Quoted message said:

    of us riding bicycles around town and to work.

    Unfortunately, even when Republicans are in charge of Congress such goof


    ball

    Quoted message said:

    ideas receive attention. Consider the energy bill that passed the U.S.


    House of

    Quoted message said:

    Representatives in April. The legislation includes some positive items,


    such as

    Quoted message said:

    opening part of ANWR to exploration, reducing some regulatory obstacles


    to

    Quoted message said:

    drilling on certain federal lands, and repealing the Public Utility


    Holding

    Quoted message said:

    Company Act of 1935, which had disassembled economical energy operations


    and

    Quoted message said:

    hampered future integration. There also are many counterproductive


    measures,

    Quoted message said:

    including a boatload of subsidies and mandated expansion of the use of


    ethanol.

    Quoted message said:


    The bill also would establish the "Conserve by Bicycling Program" under


    the

    Quoted message said:

    Department of Transportation. This program would set up "10 pilot


    projects .

    Quoted message said:

    dispersed geographically throughout the United States" and "designed to


    conserve

    Quoted message said:

    energy resources by encouraging the use of bicycles in place of motor


    vehicles."

    Quoted message said:


    The program would "use education and marketing to convert motor vehicle


    trips to

    Quoted message said:

    bicycle trips," "maximize bicycle facility investments," and the National Academy of Sciences
    would conduct "a study on the feasibility of


    converting

    Quoted message said:

    motor vehicle trips to bicycle trips."

    The study would evaluate the pilot projects, and "determine the type and duration of motor vehicle
    trips that people in the United States may


    feasibly

    Quoted message said:

    make by bicycle," of course factoring in issues like weather, land use


    and

    Quoted message said:

    traffic patterns, "the carrying capacity of bicycles" and "bicycle infrastructure." In addition,
    the report would "determine any energy


    savings

    Quoted message said:

    that would result from the conversion of motor vehicle trips to bicycle


    trips"

    Quoted message said:

    and perform "a cost-benefit analysis of bicycle infrastructure


    investments."

    Quoted message said:


    All of this for a mere $6.2 million, at least to start. Who knows how


    much more

    Quoted message said:

    will be spent down the road. After all, bicycle infrastructure costs


    money.

    Quoted message said:


    The next time a politician proclaims that government has been cut to the


    bone,

    Quoted message said:

    just think of this federal bicycle program, which also would require that


    state

    Quoted message said:

    or local governments pick up at least 20% of the cost for each pilot


    project. I

    Quoted message said:

    can hear politicians in the states declaring what a bargain this would be


    as

    Quoted message said:

    local taxpayers would only have to foot a mere one-fifth of the total


    cost.

    Quoted message said:


    If some people want to peddle a bicycle to their jobs or to go shopping,


    that's

    Quoted message said:

    their business. But no sound reason exists for the government to be


    using

    Quoted message said:

    taxpayer dollars to promote bicycles over motor vehicles. Government conservation efforts
    certainly don't make any sense, as the market is far


    better

    Quoted message said:

    equipped to gauge the proper level of conservation through prices. The environment is not an
    issue, as automobiles run cleaner than ever before.


    A

    Quoted message said:

    program like this is just a wasteful sop to a small number of


    environmental

    Quoted message said:

    extremists.

    When it comes to modes of personal transportation, it's better to let


    consumers

    Quoted message said:

    decide if they want to drive or peddle to work.

    -------------------------------------------------------------------------


    -------

    Quoted message said:

    This column may be reprinted with appropriate credit.

    _______________
    Raymond J. Keating is chief economist for the Small Business Survival


    Committee,

    Quoted message said:

    and co-author of U.S. by the Numbers: Figuring What's Left, Right, and


    Wrong

    Quoted message said:

    with America State by State (Capital Books, 2000).

    sbsc.orgLatestNews Action.asp

  5. Garrison Hilliard wrote in message ...

    Quoted message said:

    by Raymond J. Keating

    Quoted message said:

    Now, don’t get me wrong, I have nothing against bicycles for competitive,


    recreational and exercise purposes. However, as a primary mode of transportation, they most
    certainly leave a lot to be desired.

    Garr, nobody I know can read that much, please try to keep your posts to ten lines or less.

    Anyway, I read as far as to the part where Ray says it's cool to be a euro type out on a oversized
    tubed Al frame road bike, but it is total FREDness to use some lamer bike as a primary mode of
    transport.

    I agree with Ray -- DON'T BE A DAMN FRED!!!

    If you need to get to work or buy the grocerys(sp?) then use the car, that's what it's for.

  6. (Hunrobe) said:

    ... the almost universal access to higher education here in the US has ruined a lot of potentially
    good manual laborers.

    That's great. Consider it stolen.

  7. "Hunrobe" <[email hidden]> wrote in message "]news:[email hidden]...

    Quoted message said:

    According to his SBSC website bio, Mr. Keating holds an MA in economics


    from

    Quoted message said:

    New York University, an MBA in banking and finance from Hofstra


    University, and

    Quoted message said:

    a BS in business administration and economics from St. Joseph`s College. He seems to be living
    proof of two of my own personal theories- first,


    that

    Quoted message said:

    idealogues of *any* political persuasion are fools and second, that the


    almost

    Quoted message said:

    universal access to higher education here in the US has ruined a lot of potentially good manual
    laborers.

    Just think...our culture is so stable as to be able to support such fools. The alternative is
    not pretty.

    Pete

  8. "one of the six billion" <[email hidden]> wrote in message
    news:<[email hidden]>...

    Quoted message said:

    He's complaining about $6.2 million being spent over a whole year to accomodate people who want to
    ride their bikes as transportation when the U.S. is spending almost $4 billion a month to occupy
    Iraq, more than $130 million every day, $5 million every hour.

    I couldn't have said it better myself.

  9. Quoted message said:

    He's complaining about $6.2 million being spent over a whole year to accomodate people who want to
    ride their bikes as transportation when the U.S. is spending almost $4 billion a month to occupy
    Iraq, more than $130 million every day, $5 million every hour.

    Bingo.

    One of the first things you learn in Econ 101 is about "Negative Externalities".

    Either Mr. Keating is too stupid to remember them, or too intellectually dishonest to address them.

    Chris Neary [email hidden]

    "Prize the doubt, low kinds exist without"
    - Inscription at Ramsmeyer Hall, Ohio State University

  10. In article <[email hidden]>, Chris Neary

    Quoted message said:

    Bingo.

    One of the first things you learn in Econ 101 is about "Negative Externalities".

    Either Mr. Keating is too stupid to remember them, or too intellectually dishonest to
    address them.

    I think he's just trying to propaganda-ly run interference for that other bill -- the one about
    cutting US federal funding for alternative transportation measures. I'm just speculating. But the
    timing arouses my suspicions.

    cheers, Tom

    --
    -- Powered by FreeBSD Above address is just a spam midden. I'm really at: tkeats [curlicue] vcn
    [point] bc [point] ca

  11. one of the six billion said:

    He's complaining about $6.2 million being spent over a whole year to accomodate people who want to
    ride their bikes as transportation when the U.S. is spending almost $4 billion a month to occupy
    Iraq, more than $130 million every day, $5 million every hour.

    OK then, how much is it worth to liberate 25 million Iraqis and remove a destabilizing influence
    from the near east? $2 million an hour? $12.50?

    Just curious.

    Mark Hickey Habanero Cycles habcycles.comhabcycles.com Home of the $695 ti frame

  12. In article <[email hidden]>,

    Mark Hickey said:


    OK then, how much is it worth to liberate 25 million Iraqis

    How much do you get for it?

    cheers, Tom

    --
    -- Powered by FreeBSD Above address is just a spam midden. I'm really at: tkeats [curlicue] vcn
    [point] bc [point] ca

  13. Mark Hickey from Habanero Cycles said:

    OK then, how much is it worth to liberate 25 million Iraqis and remove a destabilizing influence
    from the near east?

    That would be worth something. Instead, we put 25 million Iraqis under martial law, subject to
    random incarceration and fear of death and managed to destablize at least three borders in the
    region. That's not worth a plug nickle.

    --
    home.sport.rr.comcuthulu human rights = peace
    BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-BI-
    11:37:08 PM 29 July 2003

  14. Wed, 30 Jul 2003 04:15:46 GMT, <[email hidden]>, Mark Hickey

    Quoted message said:
    one of the six billion said:

    He's complaining about $6.2 million being spent over a whole year to accomodate people who want to
    ride their bikes as transportation when the U.S. is spending almost $4 billion a month to occupy
    Iraq, more than $130 million every day, $5 million every hour.

    OK then, how much is it worth to liberate 25 million Iraqis and remove a destabilizing influence
    from the near east? $2 million an hour? $12.50?

    Just curious.


    163 and counting. When there's 3000 dead Americans in Iraq, will that equal 911?
    --
    zk

  15. Quoted message said:

    163 and counting.

    Quoted message said:

    When there's 3000 dead Americans in Iraq, will that equal 911?

    Out of line. Take a few minutes to cool off.

    --

    _______________________ALL AMIGA IN MY MIND_______________________ ------------------"Buddy Holly,
    the Texas Elvis"------------------
    __________306.350.357.38>>[email hidden]__________

  16. "Kevan Smith" <[email hidden]/\/\> wrote in message
    "]news:[email hidden]...

    Quoted message said:

    On Wed, 30 Jul 2003 04:15:46 GMT, Mark Hickey <[email hidden]> from


    Habanero

    Quoted message said:
    Cycles said:

    OK then, how much is it worth to liberate 25 million Iraqis and remove a destabilizing influence
    from the near east?

    That would be worth something. Instead, we put 25 million Iraqis under


    martial

    Quoted message said:

    law, subject to random incarceration and fear of death and managed to


    destablize

    Quoted message said:

    at least three borders in the region. That's not worth a plug nickle.

    It's only been a couple of months. You can't fix 25 years of idiocy in 90 days.

    One option to the current situation would be to just leave. Pack up all the troops, tanks and
    aircraft, and just leave. We did that last time (sort of, except for the aircraft), and it did not
    go over well. The Iraqi's ready to overthrow Saddam felt abandoned, and they were. We left them
    hanging in the breeze. Then they were persecuted and slaughtered by Saddam.

    The other option would have been to let Saddam continue with his previous practices. Snubbing the
    UN, killing his own people and neighbors. Would that have been preferable? Wait until he attacks
    someone else? Kuwait again, maybe? Or Jordan? Or wipes out Israel, as was his desire.

    Eventually, the Iraqi population will decide their own form of government. Preferably one that we
    like, with our guidance, but maybe not. But they will get to choose.

    Give it a little time.

    Pete

  17. Wed, 30 Jul 2003 01:28:18 -0400, <[email hidden]>, "Eric S. Sande"

    Quoted message said:
    Quoted message said:

    163 and counting.

    Quoted message said:

    When there's 3000 dead Americans in Iraq, will that equal 911?

    Out of line.

    Yes, how very UnCanadian of me.

    Quoted message said:

    Take a few minutes to cool off.

    That was stone cold. That's what it has thus far cost in real terms using numbers people can
    relate to.

    If that ain't it, then what is the formula for the "exit strategy"?

    5:4 / 2004?
    --
    zk

  18. In article said:

    It doesn't matter. Counting bodies is sick, no matter who does it.

    You said it! But there, unfortunately, /is/ a body count, and it's rising.

    Maybe it's time to question whether it's worth it?

    cheers, Tom

    --
    -- Powered by FreeBSD Above address is just a spam midden. I'm really at: tkeats [curlicue] vcn
    [point] bc [point] ca

  19. On Wed, 30 Jul 2003 05:55:37 GMT, "Pete" <[email hidden]> from Road Runner High Speed Online

    url='http://www.rr.com/'http://www.rr.com/url said:

    One option to the current situation would be to just leave.

    I like that option. I bet the Iraqi people would, too.

    --
    home.sport.rr.comcuthulu human rights = peace I want to perform cranial activities with
    Tuesday Weld!!
    1:10:17 AM 30 July 2003

  20. On Tue, 29 Jul 2003 22:49:48 -0700, Zoot Katz <[email hidden]> from Balsa Pacific Aero Ltd.

    Engineering & Bicycle Mongery said:

    If that ain't it, then what is the formula for the "exit strategy"?

    Strategy? You give them too much credit.

    --
    home.sport.rr.comcuthulu human rights = peace Boy, am I glad it's only 1971...
    1:08:17 AM 30 July 2003

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