Tim Harford on the virtues of urbanism and the ways in which our public policy tends to give them short shrift. Via Ryan Avent who sums up the message, "it’s not about arguing the superiority of individual choices to live or not live in cities, it’s about fixing policy so that we aren’t irrationally undermining valuable resources."
Photo by Flickr user TylerDurden used under a Creative Commons license



First, we should address the anti- urban bias of many rich countries. Joe Gyourko, the real-estate economist, estimates that Manhattan residents are paying $7,500 a year each in higher housing costs because of the city’s stranglehold on building permits; even after Mayor Michael Bloomberg’s recent reforms, New York is building smaller apartment blocks than in the 1970s. The high prices drive people away from New York, an environmental and cultural disaster.
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The trend of his argument is that overall public policy discriminates against cities. I'm surprised he would bring this up as it's a problem the city dwellers have inflicted on themselves
Posted by Campesino | October 26, 2007 4:54 PM