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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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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

Glaeser: Let Housing Prices Fall

October 8, 2008 By Adam Hengels

Ed Glaeser gives three compelling reasons why the government should end their infatuation with high housing prices. (Nonetheless, some of the same politicians speak through the other side of their mouths about promoting housing affordability): Why We Should Let Housing Prices Keep Falling There … [Read more...]

Filed Under: Economics, housing Tagged With: affordability, affordable housing, Ed Glaeser, government, housing, property, regulation

Russell Roberts on Government Intervention in Housing

September 23, 2008 By Adam Hengels

Russell Roberts of George Mason University, CafeHayek, and Econtalk wrote of series of Cafe Hayek posts on the various federal interventions in the housing market: Housing markets without the benefit of hindsight Fannie reaches its goals--sort of Zero Down! Fannie and Freddie's other … [Read more...]

Filed Under: Economics, housing Tagged With: CafeHayek, Economics, Fannie Mae, Fed, Freddie Mac, Free-market, government, government intervention, housing bubble, Intervention, Russell Roberts, subprime

Urban[ism] Legend: Density is Bad for the Environment

July 20, 2008 By Adam Hengels

This is a topic I want to cover more thoroughly, but for now I present a one hour documentary video on green buildings for you leisurely viewing. I came across the snagfilms website from a recent Wall Street Journal article. Most of the documentary videos lean towards "progressive" tastes, but … [Read more...]

Filed Under: Environment, Urban[ism] Legends, video Tagged With: density, Environment, government, Transportation, Urbanism

Rent Control Part 4: Conclusion and Solutions

June 1, 2008 By Adam Hengels

Welcome to the final post in the series discussing the consequences of rent control. Thank you to the subscribers who have patiently awaited each new post. I hope everyone found it enlightening. If you haven't read the entire series, you can catch up with these links: Rent Control Part One: … [Read more...]

Filed Under: rent control, Zoning Tagged With: affordability, affordable housing, California, Chicago, development, Economics, exclusionary zoning, FAR, Free-market, government, homeowners, housing, housing market, landlord, LIHTC, politics, property rights, property taxes, proposition 98, rent control, rent regulation, rent stabilization, taxes, tenant, Vacancy, vacancy decontrol, vouchers, zoning

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