Wall Street Journal (April 5)
“At least one-quarter of the U.S. economy has suddenly gone idle amid the coronavirus pandemic… an unprecedented shutdown of commerce that economists say has never occurred on such a wide scale.”
Tags: Commerce, Coronavirus, Economy, Idle, Pandemic, Quarter, Scale, Shutdown, U.S., Unprecedented
The Economist (April 8)
Most cities now waste a tremendous amount of space providing parking for cars that aren’t moving 95% of the time. This could change. “When autonomous cars that are allowed to move with nobody inside them become widespread, demand for private cars could fall sharply. Starting in the morning, one car could take a child to school, a city worker to his office, a student to her lecture, party people to a club, and a security guard to his night shift, all more cheaply than taxis. Cars that now sit idle could become much more active, which would drastically change parking needs.”
