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The New Urbanism Versus the Market Process

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  • Randall G. Holcombe

Abstract

The new urbanism argues that land-use planning should be used to create higher-density development and to promote alternatives to the use of personal automobiles for transportation. The concerns of the new urbanist movement are shown to be misplaced, and the goals of the new urbanism are shown to be in conflict with market incentives, making them difficult to implement in any event. A better policy for more efficient land use would be for governments to plan more effectively for their own infrastructure development while allowing the development of privately-owned land to be guided by market forces.

Suggested Citation

  • Randall G. Holcombe, 2004. "The New Urbanism Versus the Market Process," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 17(2_3), pages 285-300, June.
    • Handle: RePEc:kap:revaec:v:17:y:2004:i:2_3:p:285-300
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    Citations

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    Cited by:

    1. Christopher Coyne & Lotta Moberg, 2015. "The political economy of state-provided targeted benefits," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(3), pages 337-356, September.
    2. Lawrence Wai-Chung Lai, 2014. "Planning by contract: two dialogues," Chapters, in: David Emanuel Andersson & Stefano Moroni (ed.), Cities and Private Planning, chapter 7, pages 135-152, Edward Elgar Publishing.
    3. Ajay Garde & Andrea Hoff, 2017. "Zoning reform for advancing sustainability: insights from Denver’s form-based code," Journal of Urban Design, Taylor & Francis Journals, vol. 22(6), pages 845-865, November.
    4. Emily Talen, 2013. "Zoning For and Against Sprawl: The Case for Form-Based Codes," Journal of Urban Design, Taylor & Francis Journals, vol. 18(2), pages 175-200, May.
    5. Thierry Aimar, 2009. "The curious destiny of a heterodoxy: The Austrian economic tradition," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 22(3), pages 199-207, September.
    6. Stefano Moroni, 2011. "Land-use Regulation for the Creative City," Chapters, in: David Emanuel Andersson & Åke E. Andersson & Charlotta Mellander (ed.), Handbook of Creative Cities, chapter 17, Edward Elgar Publishing.
    7. J. Peter Clinch & Eoin O'Neill, 2010. "Designing Development Planning Charges: Settlement Patterns, Cost Recovery and Public Facilities," Urban Studies, Urban Studies Journal Limited, vol. 47(10), pages 2149-2171, September.
    8. Art Carden & Charles Courtemanche, 2009. "Wal‐Mart, Leisure, And Culture," Contemporary Economic Policy, Western Economic Association International, vol. 27(4), pages 450-461, October.
    9. Peter Gordon, 2012. "Spontaneous Cities," Working Paper 8954, USC Lusk Center for Real Estate.
    10. Peter Gordon & Wendell Cox, 2014. "Modern cities: their role and their private planning roots," Chapters, in: David Emanuel Andersson & Stefano Moroni (ed.), Cities and Private Planning, chapter 8, pages 155-173, Edward Elgar Publishing.
    11. Peter Gordon & Sanford Ikeda, 2011. "Does Density Matter?," Chapters, in: David Emanuel Andersson & Åke E. Andersson & Charlotta Mellander (ed.), Handbook of Creative Cities, chapter 22, Edward Elgar Publishing.
    12. Peter Gordon Sanford Ikeda, 2012. "Does Density Matter?," Working Paper 8957, USC Lusk Center for Real Estate.

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