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“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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  • What Should I Read to Understand Zoning?

Not Marshmallows, but a Really, REALLY Big Lollipop

February 24, 2011 By Adam Hengels

In the last post, commenter AWP helped me realize that the marshmallow mountain analogy could be improved upon, since one person eating a marshmallow prevented another person from eating that same marshmallow.  But the road cannot be subdivided as simply.  Yes, a nit-picky implication of the … [Read more...]

Filed Under: Economics, infrastructure, Transportation Tagged With: public good

Urban[ism] Legend: Transportation is a Public Good

February 22, 2011 By Adam Hengels

In a recent post, commenter Jeremy H. helped point out that the use of the term "public good" is grossly abused in the case of transportation.  Even Nobel economists refer to roads as "important examples of production of public goods," ( Samuelson and Nordhaus 1985: 48-49).  I'd like to spend a … [Read more...]

Filed Under: Economics, Transportation, Urban[ism] Legends Tagged With: congestion, don boudreaux, Economics, highways, public good, public transit, roads

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