Bill Hudnut at the Urban Land Institute wrote a post that attracted some attention at Austin Contrarian and Overhead Wire. Hudnut discusses a different approach to taxing land: How about restructuring the property tax across America to install a two-tiered system? More tax on those horizontal … [Read more...]
The Story of I’On: Struggles of a New Urbanist Project
I recently googled upon a post at a blog called "Rub-a-Dub" that mentioned a land development project in Mount Pleasant, SC called I'On. I imagine the developers of the I'On "Traditional Neighborhood Development" (TND) community are sympathetic with Market Urbanism, as they named … [Read more...]
President Obama on Jane Jacobs and Cities
Without getting too political on inauguration day, I'd like to share a positive video featuring our new President that urbanists should appreciate, regardless of political persuasion: Let's hope President Obama keeps Jane Jacobs' lessons of spontaneous order from The Death and Life of Great … [Read more...]
Urban[ism] Legend: Positive NPV Infrastructure
As Washington debates how many hundreds-of-billions of the nearly trillion-dollar stimulus will go towards infrastructure or to other spending/tax cut schemes, pundits claim that spending billions on "shovel ready" public works projects can effectively create jobs that will lead to recovery. As … [Read more...]
Irrationality Towards Shortages
Brendan Crain at Where tipped me off to a great post by Ryan Avent at The Bellows. Here's a little snippet of Shortage: For whatever reason, we’re not built to naturally internalize negative externalities. When riding on a crowded highway, no one (no non-economist, at any rate) curses the … [Read more...]
Landmark Incentives
by Sandy Ikeda The other day I was lecturing to my students about externalities and the Coase Theorem. One of the examples I used came directly from the our textbook – Heyne, Boettke, & Prychitko’s The Economic Way of Thinking. It asks what would happen if you tried to declare a large tree … [Read more...]
Talking points on the housing bubble
By Sandy Ikeda Last week I spoke to a standing-room-only crowd of students and faculty about the current economic and financial turmoil. I shared the podium with three of my colleagues, who range all the way from far to the left of Barack Obama to very, very far to the left of Barack Obama. … [Read more...]
Market Meltdown and Bailout Videos
Wow! This market is a mess. As a great follow up to his posts at CafeHayek on government's intervention in the housing market, Russell Roberts discusses the situation and bailout with reason.tv: Also... Here's the video from an Economics forum discussion at MIT (my Alma mater) on … [Read more...]
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