The Deleted Scenes - Remote Work and Induced Demand
I had a thought a few days ago that I thought was interesting: the way remote work changes your work routine, and your balance of professional and domestic activity, is sort of like “induced demand”: the phenomenon of highway widening leading to congestion, because more people drive more and because more highway capacity incentivizes development on the periphery. Some people think this sounds like a too-perfect anti-car theory, but it has been widely observed, and in fact I think of it as a deeply conservative insight. Human behavior is dynamic. Social engineering fails because you can’t hold everything constant and just change one thing. People aren’t like that. Our reasoning, our incentives, our calculations all change when our circumstances change... Subscribe to The Deleted Scenes to read the rest.Become a paying subscriber of The Deleted Scenes to get access to this post and other subscriber-only content. A subscription gets you:
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Older messages
New and Old #75
Friday, September 16, 2022
Friday roundup and commentary
Discussion Statements
Thursday, September 15, 2022
This one's for you
Life Under the Diner
Thursday, September 15, 2022
What Do You Think You're Looking At? #75
Getting Good at Doing Things Wrong
Tuesday, September 13, 2022
Virtue, or silliness?
Housing and Deservingness
Monday, September 12, 2022
It's not "economics" if prices are just proxies for merit
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