No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, September 18, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Bicycles Before Business – Econlib

by TheAdviserMagazine
3 days ago
in Economy
Reading Time: 2 mins read
A A
Bicycles Before Business – Econlib
Share on FacebookShare on TwitterShare on LInkedIn


El Camino Real (ECR), State Highway 82, the main thoroughfare connecting San Jose with San Francisco, is sandwiched between Federal Highways 280 and 101.  Maintenance and Rehabilitation is largely paid by the state with modest local government participation.  Indeed, Caltrans can repave and redesign ECR even without city approval.

In 2024, Caltrans decided to repave ECR from Menlo Park southward through Palo Alto (which parallels Stanford University), Los Altos, Mountain View, to Sunnyvale.  The work included upgrading curb ramps and sidewalks to comply with the Americans with Disabilities Act.  It also added bicycle lanes.  The work was largely completed by July 1, 2025.

Caltrans allocated $7,133,000 for the project, but did not explicitly list the cost of the soft white-posts-and-green-marker separated bike lanes.  I would guesstimate no more than $2 million.

Restaurants and other commercial establishments complained about the loss of street parking and business before, during, and after the lane posts were installed.  Patrons sometimes have to search for street parking in residential neighborhoods.  It’s hard to know actual business losses, but I’ve watched some prospective customers give up and drive away.

What about bicyclists’ use of the new dedicated bike lanes since their completion?  Every Sunday, my wife and I go out to lunch at a restaurant on ECR, or a side street off ECR.  On average, I drive weekly to Safeway Pharmacy and Grocery Store in Menlo Park along ECR.  My wife drives weekly along ECR to each of two big box stores and biweekly to Ranch 99 in Mountain View.  That’s four trips a week and nine biweekly.  On August 17, 2025, our 62nd anniversary, we went to our favorite Chinese restaurant on ECR.  We arrived early and were seated next to a large window looking out at the street.  And then, we remarked simultaneously, “Look, a bicyclist!” the first we saw using the new bike lane.  I estimate that we had driven about a hundred miles between July 1 and August 17.

Several thousand students, staff, and faculty ride bicycles to Stanford each working day, having done so for years without dedicated bike lanes along ECR.  Stanford’s internal bike lanes are simply demarcated with paint and words.

Are the new bike lanes worth the direct cost of installation and indirect cost of lost business?  I think not, unless and until they are more heavily used, with fewer automobiles on the road unclogging traffic and reducing carbon emissions.  Even if that occurs, businesses will continue to lose money.  But, hey, this is California!

 

Alvin Rabushka is the David and Joan Traitel Senior Fellow, Emeritus at the Hoover Institution.



Source link

Tags: BicyclesBusinessEconlib
ShareTweetShare
Previous Post

Israeli digital bank Esh launches with no fees

Next Post

7 Charities That Refuse Donations From Everyday Americans

Related Posts

edit post
The Problem with Government-Run Grocery Stores

The Problem with Government-Run Grocery Stores

by TheAdviserMagazine
September 17, 2025
0

In 1989, Russian President Boris Yeltsin took a famous trip to a grocery store in Texas. The event lives on...

edit post
Competence, corruption, and control limit Trump’s authoritarian ambitions

Competence, corruption, and control limit Trump’s authoritarian ambitions

by TheAdviserMagazine
September 17, 2025
0

Competence, corruption and control all impose limits on the ability of any administration to achieve its agenda and impose its...

edit post
The Kirk Assassination Has Exposed Our Political Rot

The Kirk Assassination Has Exposed Our Political Rot

by TheAdviserMagazine
September 17, 2025
0

A week ago today, Charlie Kirk was assassinated. In the days since, details about and reactions to the very public...

edit post
UK inflation data for August 2025

UK inflation data for August 2025

by TheAdviserMagazine
September 17, 2025
0

Interior of cheese monger specialist cheese shop, Mons cheese mongers, East Dulwich, London, England, UK. Geography Photos | Universal Images...

edit post
Romania Accuses Georgescu Of Attempted Coup

Romania Accuses Georgescu Of Attempted Coup

by TheAdviserMagazine
September 17, 2025
0

Political warfare is the new tool of the establishment. Jair Bolsonaro was permanently silenced, indicted for inciting a coup that...

edit post
Market Talk – September 16, 2025

Market Talk – September 16, 2025

by TheAdviserMagazine
September 16, 2025
0

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 134.15 points or 0.30% to...

Next Post
edit post
7 Charities That Refuse Donations From Everyday Americans

7 Charities That Refuse Donations From Everyday Americans

edit post
12 Things Your Financial Advisor Should Have Told You About Annuities

12 Things Your Financial Advisor Should Have Told You About Annuities

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Two Israeli universities ranked in top 10 for entrepreneurs

Two Israeli universities ranked in top 10 for entrepreneurs

0
edit post
Block, Inc. (XYZ): A Bull Case Theory

Block, Inc. (XYZ): A Bull Case Theory

0
edit post
Why Data Beats Depreciation Every Time

Why Data Beats Depreciation Every Time

0
edit post
Jobs report revisions September 2025:

Jobs report revisions September 2025:

0
edit post
XRP Bulls Poised – .12 Break Might Start Strong Upswing

XRP Bulls Poised – $3.12 Break Might Start Strong Upswing

0
edit post
Could Energy Upgrades Pay Back Faster Than Your Bond Fund?

Could Energy Upgrades Pay Back Faster Than Your Bond Fund?

0
edit post
XRP Bulls Poised – .12 Break Might Start Strong Upswing

XRP Bulls Poised – $3.12 Break Might Start Strong Upswing

September 18, 2025
edit post
India’s Goldilocks mix of high growth and low inflation is sustainable in the short term: LGT Wealth

India’s Goldilocks mix of high growth and low inflation is sustainable in the short term: LGT Wealth

September 17, 2025
edit post
Amazon to invest over  billion in fulfillment and transportation workers to boost pay

Amazon to invest over $1 billion in fulfillment and transportation workers to boost pay

September 17, 2025
edit post
Citi Predicts ETH at ,300 by End of 2025, Citing Investor Optimism Over Activity

Citi Predicts ETH at $4,300 by End of 2025, Citing Investor Optimism Over Activity

September 17, 2025
edit post
Small Leaks, Big Impact: How Tiny Daily Spending Habits Can Quietly Drain (or Transform!) Your Budget

Small Leaks, Big Impact: How Tiny Daily Spending Habits Can Quietly Drain (or Transform!) Your Budget

September 17, 2025
edit post
Nvidia AI chip challenger Groq raises even more than expected, hits .9B valuation

Nvidia AI chip challenger Groq raises even more than expected, hits $6.9B valuation

September 17, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Bulls Poised – $3.12 Break Might Start Strong Upswing
  • India’s Goldilocks mix of high growth and low inflation is sustainable in the short term: LGT Wealth
  • Amazon to invest over $1 billion in fulfillment and transportation workers to boost pay
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.