Homeownership boosters use many arguments in favor of buying rather than renting, one of which is that purchasing a home is a key part of the path toward a lifetime of financial success. They often say that renters are helping landlords profit when they would be better off paying their own … [Read more...]
The Urban Origins of Liberty
In The Road to Serfdom, F. A. Hayek tells us that intellectuals and governments in the twentieth century tragically abandoned the road to liberty in pursuit of collectivist utopias. That road stretched at least as far back as the democratic polis of ancient Greece, but it was not always straight … [Read more...]
The Psychological Consequences Of Rent Control
The University of Chicago Press has published a “definitive” edition of F. A. Hayek’s The Constitution of Liberty under the editorial guidance of long-time Hayek scholar Ronald Hamowy. Given my interest in urban issues, it’s a good time for me to focus on chapter 22, “Housing and Town Planning.” It … [Read more...]
Preservation At The Expense Of Liberty
“Everything passes. Nobody gets anything for keeps. And that’s how we’ve got to live.” –Haruki Murakami I feel lucky to live in Brooklyn Heights. It’s been called New York City’s first suburb. It offers easy access to most parts of Manhattan, thanks to the convergence of several … [Read more...]
Episode 05: Samuel Zipp and Nathan Storring on Vital Little Plans
This week on the Market Urbanism Podcast, I chat with Samuel Zipp and Nathan Storring on the wonderful new volume Vital Little Plans: The Short Works of Jane Jacobs. From Jacobs' McCarthy-era defense of unorthodox thinking to snippets of her unpublished history of humanity, the book is a … [Read more...]
The Invisible City
Italo Calvino’s Invisible Cities is a short, often wonderful but consistently enigmatic (at least to me) novel about an extended conversation between Marco Polo and Kublai Khan. Marco tells the Khan a series of tales about fantastical cities he’s perhaps only imagined.I’ve always … [Read more...]
Markets As Cities
Why are a growing number of libertarians fascinated by cities and indeed pinning their hopes for a freer future on cities? Two examples of this just from recent Freeman issues are by Zachary Caceres on startup cities and the winner of the Thorpe-Freeman Blog Contest, Adam Millsap, responding to one … [Read more...]
Econ 101 And The Missing Middle
HUD has released 2015 building permit tallies. Austin’s tallies for 2015:Single Family Units: 2,846 Duplex units: 326 Units in 3-4 unit buildings: 30 Units in 5+ unit buildings: 6,890This bipolar split is typical of American cities. Some cities build more single-family than … [Read more...]