Jim Powell’s latest article at Reason discusses the Tennessee Valley Authority, FDR’s most ambitious infrastructure program: It was heralded as a program to build dams that would control floods, facilitate navigation, lift people out of poverty, and help America recover from the Great … [Read more...]
NY Rent Control Revival
In an act of pure legislative idiocy in the face of overwhelming consensus among economists against rent control, the New York State Assembly started the ball rolling to strengthen rent regulation. NY Times:The Democratic-led Assembly passed a broad package of legislation designed to restrain … [Read more...]
Redistribution (a follow up)
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...]