Wendell Cox has received his fair share of criticism from this blog, but his post last week about Tokyo's surprising lack of density is very interesting. Sure, Tokyo's suburbs are dense enough to be connected by job centers by rail, but the core is almost completely low- and lower-mid-rise, and thus … [Read more...]
Vending Machine Economics in Japan
Tyler Cowen of Marginal Revolution is in Japan, and is fascinated by the number of vending machines. He takes a minute to ponder on the economics of vending machines in Tokyo.First we must look to the shortage of storage space in homes. I suspect few Japanese want to buy big piles of stuff … [Read more...]