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Venice (Venezia) February 3, 2009

Posted by David in Reflections.
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I have just returned from Venice, where I spent one day at a conference and two days walking the alleys. My subjective evaluation of the place:

Pros

  • Venice is architecturally one of the most attractive cities anywhere. But this is of course common knowledge. However, a Chinese conference participant told me that most Chinese would not consider Venice beautiful: no skyscrapers or shopping malls.
  • Venice is much more attractive in January than in August (the timing of my last visit 20 years ago). In some squares and alleys, I was the only one around.
  • Its public places are surprisingly clean and trash cans are abundant (Venice is not Naples).
  • Everything was aesthetically satisfying: the shops, the restaurants, the facades, and even the coats that people were wearing.
  • The quality of the bread, cheese, and pasta is high absolutely everywhere. The coffee is good too, but very strong.
  • There are no motor vehicles anywhere. This is the aspect of Venice that I personally like the most: it’s a high-density city which is almost as quiet and tranquil as a mountain retreat.

Cons

  • Public transporation is expensive (6.50 euros for a regular “water bus” ticket)
  • The food is expensive (20 euros for a regular lunch, and 30-40 euros for a basic dinner)
  • Hotels are expensive (at least 80 euros per person)
  • January is only a good time to visit if you don’t pay any attention to the weather. Except for the first day (sunny and +7C) it was cloudy, windy, and cold or snowy, windy, and cold.
  • Cafes are only attractive if you’re prepared to stand at the bar, which is what the locals do. A coffee is about 2 euros if you stand; 4 euros if you sit down at a table, and even more if you sit down outside, which is of course not an option in January. It is even more expensive around St. Mark’s square: avoid! While I was checking in, the receptionist at my hotel said that she only had one piece of advice: while in Venice, “don’t sit.”
  • There is a lack of regular stores in central Venice – everything seems to be geared to well-heeled tourists.

Altogether, Venice is good, but not good value unless you’re rich.

DEA on Tour January 10, 2009

Posted by David in Economics, Personal stuff.
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I rarely venture outside my department in Kaohsiung, but the last days of this month will be unusually mobile. I will be presenting two papers in two different venues:

2:00 pm, Wednesday, January 28, 2009, RATIO Institute, Sveavagen 59, Stockholm, Sweden: “Property Rights as a Foundation for Understanding the Entrepreneurial Market Process”

4:30 pm, Friday, January 30, 2009, Department of Economics (Center for Economic Policy Analysis), Universita Ca’Foscari, Venice, Italy: “High-speed Rail Accessibility and House Prices: Hedonic Estimates from Two Taiwanese Regions”

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