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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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Taxing Land Speculation

January 22, 2009 By Adam Hengels

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...]

Filed Under: Economics, Jane Jacobs, planning Tagged With: density, development, Jane Jacobs, NIMBY, parking, sprawl

The Story of I’On: Struggles of a New Urbanist Project

January 21, 2009 By Adam Hengels

  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...]

Filed Under: Economics, housing, Jane Jacobs, Zoning Tagged With: development, Free-market, Jane Jacobs, Ludwig Von Mises, New Urbanism, NIMBY, smart growth, walkability, zoning

President Obama on Jane Jacobs and Cities

January 20, 2009 By Adam Hengels

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...]

Filed Under: Economics, Jane Jacobs, planning, video Tagged With: Barack Obama, Jane Jacobs, video

Urban[ism] Legend: Positive NPV Infrastructure

January 12, 2009 By Adam Hengels

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...]

Filed Under: corruption, Economics, Free-market impostors, Transportation, Urban[ism] Legends Tagged With: boondoggles, construction, government, highways, infrastructure, paul krugman, roads, stimulus, Transportation, tyler cowen

Irrationality Towards Shortages

December 8, 2008 By Adam Hengels

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...]

Filed Under: Economics, parking, Transportation Tagged With: Chicago, government, highways, Matthew Yglesias, parking, traffic

Landmark Incentives

November 29, 2008 By Sandy Ikeda

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...]

Filed Under: Economics, Environment, preservation Tagged With: externalities, historic preservation, Landmarks, nyc

Talking points on the housing bubble

October 20, 2008 By Sandy Ikeda

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...]

Filed Under: Economics, housing Tagged With: Fannie Mae, Fed, Freddie Mac, Free-market, government intervention, Hayek, housing bubble

Market Meltdown and Bailout Videos

October 10, 2008 By Adam Hengels

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...]

Filed Under: Economics, housing, video Tagged With: CafeHayek, Economics, government intervention, housing bubble, Russell Roberts, Urban Economics

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