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Articles 1 - 4 of 4
Full-Text Articles in Urban Studies and Planning
Economic Utopia Inventions As Observed Phenomenon-Success, Failure, Persistence Through History From Dawn Of Mankind To Jesus To Thomas More To Pullman, Riverside And Eugenics, James T. Struck
James T Struck
Economic Utopia Inventions as Observed Phenomenon-Success, Failure, Persistence Through History From Dawn of Mankind to Jesus to Thomas More to Pullman, Riverside and Eugenics Economic Utopia inventions have been tried from humanity's beginning to today with failure and success. I walked along Cottage Grove Avenue to look at the remains of the Pullman Sleeping Car Company near 111th Street in Chicago; part of what remains of the important Pullman Sleeping Car Company are boarded up buildings, beautiful red towers, nice windows, Hotel Florence, much writing, and a Pullman Historical Foundation and Pullman Historical Site. An Economic utopia invention was associated …
Form Follows Function: On The Interaction Between Real Estate Finance And Urban Spatial Structure, David S. Bieri
Form Follows Function: On The Interaction Between Real Estate Finance And Urban Spatial Structure, David S. Bieri
David S Bieri
The fundamental connection between the spatial development of cities and financial markets is a topic that has received little attention from either urbanists or economists. In this short piece, I argue that part of the post-crisis recovery is predicated on a multi-faceted understanding of the subtle causal linkages between financial flows and urban morphologies. Following a historical contextualization of my main argument, I speculate about the key channels through which the dialectical relationship between capital, its regimes of accumulation and its unequal spatial distribution affect the urban fabric. I identify two separate economic processes and historical developments that have co-defined …
Spatial Equilibrium In The Labor Market, Philip E. Graves
Spatial Equilibrium In The Labor Market, Philip E. Graves
PHILIP E GRAVES
The paper discusses two approaches to spatial equilibrium in the labor market. The more traditional approach of labor economics assumes wage differentials represent arbitrageable differences in utility, with implications 1) that migration should be toward higher wage areas and 2) that migration flows will lead to convergence in wages over space. The more recent approach of urban/regional economics follows Roback in examining the implications of assumed equilibrium in utility over space. In this view wage differentials are compensatory (along with rent differentials) for amenity variation over space. The implications for wage convergence over space are complicated, but in general there …
The Hedonic Method Of Valuing Environmental Policies And Quality, Philip E. Graves
The Hedonic Method Of Valuing Environmental Policies And Quality, Philip E. Graves
PHILIP E GRAVES
Benefit-cost analysts attempt to compare two states of the world, the status quo and a state in which a policy having benefits and costs is being contemplated. For environmental policies, this comparison is greatly complicated by the difficulty in inferring the values that individuals place on an increment to environmental quality. Unlike ordinary private goods, environmental goods are not directly exchanged in markets with observable prices. In this chapter, the hedonic approach to inferring the benefits of an environmental policy is examined.