Justin Fox

The sharp rise in gasoline prices caused by the Iran war has led to bipartisan calls, and in some cases action, to reduce U.S. gas taxes.

Hotel bookings in most soccer World Cup host cities in the US are running well below expectations, the American Hotel and Lodging Association reported last week, with 65% to 70% of the hoteliers responding to its survey pointing to “visa barriers and broader geopolitical concerns” as the main cause. There’s surely something to that — travel to the US is down since President Donald Trump began his immigration crackdown and ally-alienation campaign last spring, and the energy crisis brought on by

Despite failing to cover the costs of infrastructure, state and federal motor fuel taxes have been an elegant solution to funding transportation. More user fees are likely, but they will be kludgier and more intrusive.

After a 76-year-old New Yorker was pushed to his death down a subway-station staircase earlier this month, the profile that emerged of his suspected assailant was distressingly familiar. Rhamell Burke had been released from Bellevue Hospital that afternoon after being picked up by police for threatening, erratic behavior earlier in the day. He had been arrested four other times since February, once for a subway station meltdown in which three Port Authority police officers were injured trying to

The sharp rise in gasoline prices caused by the Iran war has led to bipartisan calls to reduce U.S. gas taxes. At least three Republican-run states have declared gas-tax holidays, and three Democratic

While US financial markets brace for what could be the three biggest initial public offerings ever, most entrepreneurship in the US is headed in the opposite direction: New businesses are shrinking.

The paper that helped popularize the concept of a post-pandemic “urban doom loop” was finally published this February in the American Economic Review. A lot has changed since the authors of “Work from Home and the Office Real Estate Apocalypse” began circulating it in mid-2022, and there’s even been some talk over the past year of an office revival. But while this does seem like an indication that the publication process in academic economics takes way too long, nothing in the paper is really ou

The paper that helped popularize the concept of a post-pandemic “urban doom loop” was finally published this February in the American Economic Review.

To achieve this, Special is building an operating system to transform critical American industries with AI. We call it SpecialOS.

A couple of years ago, early in my time as an e-bike owner, I was cruising down an unprotected Manhattan bike lane at 17 or 18 miles (27 to 29 kilometers) per hour when a car suddenly pulled out into my path a few car lengths ahead of me. If I had been much closer, I thought, I wouldn’t have been able to stop in time to avoid it.