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Liberalizing cities | From the bottom up

“Market Urbanism” refers to the synthesis of classical liberal economics and ethics (market), with an appreciation of the urban way of life and its benefits to society (urbanism). We advocate for the emergence of bottom up solutions to urban issues, as opposed to ones imposed from the top down.

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California’s Water Resources vs Development

June 9, 2008 By Adam Hengels

There are some good articles out there this morning, I want to share them with you…

Rationalitate – California developments halted over water

While the knee-jerk libertarian reaction might be disgust, I think the markets are probably ruined by the government, and current pricing isn’t what it would be in a market setting. UCLA professor Edward Leamer corroborates this, saying “[w]ater has been seriously under-priced in California.” So, the plan would have an effect similar to a liberalization: increased barriers on sprawling development. But obviously it’s only a nudge in the right direction, and is a woefully inadequate mechanism compared to outright liberalization of water resources.

Is it possible to liberalize the water market, which would be the ideal solution?

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Filed Under: Uncategorized Tagged With: California, development, Economics, water

About Adam Hengels

Adam is passionate about urbanism, and founded this site in 2007, after realizing that classical liberals and urbanists actually share many objectives, despite being at odds in many spheres of the intellectual discussion. His mission is to improve the urban experience, and overcome obstacles that prevent aspiring city dwellers from living where they want. http://www.marketurbanism.com/adam-hengels/

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