If you listen to a lot of bluegrass and country, you’d think cities were the worst thing that ever happened to humanity. J.D. Crowe and the New South ask why they ever left their plow behind to look for a job in the town:Hank Williams, Jr. thinks that you’ll only get mugged if you go downtown. … [Read more...]
Archives for May 2016
Mercantilist logic and land-use regulation
Adam Smith taught the world that mercantilism impoverished 18th-century nations by erecting barriers to trade and reducing opportunities for specialization and economic growth. Regulations that restrict urban development likewise reduce opportunities for innovation and specialization by limiting … [Read more...]