I threw up Friday's Redistribution post somewhat hastily during my break, but there isn't much more that I haven't said before. As a follow-up, I'd like to tie it in with some other interesting reads.Ryan Avent at The Bellows agreed with Yglesias' post and added: Anyway, I saw in Google reader … [Read more...]
Redistribution
Discussing Ithaca, New York's plan to increase permitted density and reduce parking minimums, I can dig what Matthew Yglesias says : The distributive impact of parking minimums is to redistribute income from people who don’t own cars to people who do own cars—not to shift income from poor to rich. … [Read more...]
Taxing Land Speculation
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 IkedaThe 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...]