In political transactions, players cannot make deals using dollars, but nonetheless they engage in trades to pursue their goals. Policymakers may engage in trades both with other policymakers and with private sector actors . While these deals are not denominated in dollars, their gains from trade … [Read more...]
Archives for November 2015
How land use regulations hurt the poor
Sandy Ikeda and I have published a new Mercatus paper on the regressive effects of land use regulation. We review the empirical literature on how the effects of rules such as maximum density, parking requirements, urban growth boundaries, and historic preservation affect housing prices. Nearly all … [Read more...]
Smart city data and political opportunism
The term "smart cities" encompasses the interaction of the Internet of Things, the urban environment, and city dwellers. While these innovations have facilitated some very successful new services, smart cities have important limitations in the public sphere.Smart city technology includes city … [Read more...]