It's easier to look at the symptom: corruption, than treat the disease: government over-regulation: Chicago Tribune: Role of expediters under scrutiny as federal probe targets City Hall corruption The unsung and highly specialized role these private individuals play in the workings of city … [Read more...]
Abolition of Density Restrictions Would be Great for NYC In The Long Run
Tyler Cowen of Marginal Revolution asks a great question: How good would the abolition of zoning in New York City be? He argues that zoning restrictions prevent Manhattan from being a "forest of skyscrapers" such as Sao Paulo. Many of Manhattan's skyscrapers are much taller than typical Sao Paulo … [Read more...]