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City Economics

ISBN-10: 0674019180
ISBN-13: 9780674019188
Edition: 2005
List price: $86.00 Buy it from $53.45
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Description: This introductory but innovative textbook on the economics of cities is aimed at students of urban and regional policy as well as of undergraduate economics. It deals with standard topics, including automobiles, mass transit, pollution, housing, and  More...

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Book details

List price: $86.00
Copyright year: 2005
Publisher: Harvard University Press
Publication date: 10/30/2005
Binding: Hardcover
Pages: 608
Size: 7.25" wide x 9.75" long x 1.50" tall
Weight: 2.882
Language: English

This introductory but innovative textbook on the economics of cities is aimed at students of urban and regional policy as well as of undergraduate economics. It deals with standard topics, including automobiles, mass transit, pollution, housing, and education but it also discusses non-standard topics such as segregation, water supply, sewers, garbage, fire prevention, housing codes, homelessness, crime, illicit drugs, and economic development. Its methods of analysis are primarily verbal, geometric, and arithmetic. The author achieves coherence by showing how the analysis of various topics reinforces one another. Thus, buses can tell us something about schools and optimal tolls about land prices. Brendan O'Flaherty looks at almost everything through the lens of Pareto optimality and potential Pareto optimality--how policies affect people and their well-being, not abstract entities such as cities or the economy or growth or the environment. Such traditionalism leads to radical questions, however: Should cities have police and fire departments? Should tax preferences for home ownership be repealed? Should public schools charge for their services? O'Flaherty also gives serious consideration to such heterodox policies as pay-at-the-pump auto insurance, curb rights for buses, land taxes, marginal cost water pricing, and sidewalk zoning.

Brendan O'Flaherty is Professor of Economics at Columbia University.

Preface
Acknowledgments
Introduction
Why Proximity Is Good
Cars, Pollution, and Accidents
Congestion
Mass Transit
Land
Too Many Cars? Too Much Lawn? Too Much Blight?
Rules
Water, Sewers, Fire, and Garbage
Education
Race and Space
Race and Policy
Housing: The Big Picture
Housing and Poor People
Homelessness
Crime
Drugs, Guns, and Alcohol
Urban Economic Development
Epilogue
Glossary
Index

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