The Economics of Everyday Things

97. Elevators

46 snips
Jun 23, 2025
Shannon Moore, a service mechanic for the International Union of Elevator Constructors Local 8, shares her insights into the fascinating world of elevators. She discusses the evolution of elevators from ancient lifts to essential components of modern architecture. The conversation highlights the importance of safety training and the expertise of mechanics in maintaining these vital systems. With personal anecdotes and a humorous touch, they even explore the idea of an 'Elevator Dynasty' reality show, making the technical talk both engaging and relatable.
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INSIGHT

Elevator Safety Changed Cities

  • Elijah Otis' invention of a safety brake stopped elevators from crashing when cables broke.
  • This safety innovation enabled skyscrapers by making upper floors as valuable as street level.
INSIGHT

Elevator Safety Testing Process

  • Elevators undergo rigorous local authority testing before being approved for use.
  • Testing ensures all safety layers work and the elevator achieves its specified speed.
INSIGHT

Higher US Elevator Costs

  • US elevators cost 3-4 times more to install than in Switzerland due to size and regulatory requirements.
  • Larger elevator sizes in the US are designed to fit stretchers and extra passengers, increasing costs.
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