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Market Urbanism

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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  • What Should I Read to Understand Zoning?

Emily Hamilton

I was first introduced to Jane Jacobs while working as an intern in the Planning Department of my hometown in Colorado. Her work enlightened me to the power of market forces to benefit all city dwellers without government intervention. Since then, I have become fascinated by the urban emergent order that creates our cities.

I graduated with a Masters in economics from George Mason University in 2010 after finishing my undergraduate degree at Goucher College in 2008. While at GMU, I worked as a Research Associate at the university’s Mercatus Center. After a brief time working elsewhere, I returned to the Mercatus Center to write for Neighborhood Effects about state and local policy issues.

Contact me at [email protected]

If Landlords Can Profit, Homes Must Be Great Investments, Right?

January 19, 2017 By Emily Hamilton

 Homeownership boosters use many arguments in favor of buying rather than renting, one of which is that purchasing a home is a key part of the path toward a lifetime of financial success. They often say that renters are helping landlords profit when they would be better off paying their own … [Read more...]

Filed Under: Economics, housing

Book Review: The Well-Tempered City

October 6, 2016 By Emily Hamilton

 This book review is part of a TLC Book Tour.The Well-Tempered City: What Modern Science, Ancient Civilizations, and Human Nature Teach Us About the Future of Urban Lifeby Jonathan F. P. Rose In The Well-Tempered City, real estate developer Jonathan F. P. Rose offers a … [Read more...]

Filed Under: Book Review, planning

Urban[ism] Legend: A Home Is A Good Investment

September 13, 2016 By Emily Hamilton

Despite its poor track record, homeownership is the bad investment idea that never seems to die. Even though the financial crisis revealed the risks that homeowners take on by making highly leveraged purchases, policymakers are still developing new programs to encourage home buying. Both the Clinton … [Read more...]

Filed Under: Economics, housing, Urban[ism] Legends

Cities And The Growth Of Our Collective Brain

August 23, 2016 By Emily Hamilton

In his famous 2010 Ted Talk Matt Ridley points out that a growing human population has facilitated increasing standards of living because more people means a faster growth rate of innovation. He explains that humans' propensity to exchange means that as a society we all benefit from each other's … [Read more...]

Filed Under: Economics, zoning

Quantifying the effects of California zoning rules

July 19, 2016 By Emily Hamilton

Yet another study in a long line of others provides evidence that land-use regulations restrict housing supply. A new paper identifies a correlation between land-use regulations in California cities and the growth rate for housing units. Kip Jackson finds that California zoning rules and other … [Read more...]

Filed Under: Economics, zoning Tagged With: California, zoning

Mercantilist logic and land-use regulation

May 3, 2016 By Emily Hamilton

"muh property values"

Adam Smith taught the world that mercantilism impoverished 18th-century nations by erecting barriers to trade and reducing opportunities for specialization and economic growth. Regulations that restrict urban development likewise reduce opportunities for innovation and specialization by limiting … [Read more...]

Filed Under: Economics, planning, zoning

Market Urbanism Is Underrated

April 22, 2016 By Emily Hamilton

 Michael Hamilton and I coauthored this post.Tyler Cowen has two new, self-recommending posts questioning whether or not market urbanist arguments are internally consistent. He argues that if land-use regulations are analogous to a tax on land, then either the benefits of deregulation … [Read more...]

Filed Under: Economics, housing

Part II: The need for low-quality housing

March 31, 2016 By Emily Hamilton

Last week I wrote a post highlighting how important it is for major cities to have places for low-income people to live. Without the opportunity to live in vibrant, growing cities, our nation's poor can't take advantage of the employment and educational opportunities cities offer. My post … [Read more...]

Filed Under: Economics, housing

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