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Cities and Private Planning - Property Rights, Entrepreneurship and Transaction Costs (Hardcover)
Loot Price: R3,663
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Cities and Private Planning - Property Rights, Entrepreneurship and Transaction Costs (Hardcover)
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This is a wonderfully subversive book that should be essential
reading for all students of urban planning. Cities evolve under the
influence of multiple individual land development plans.
Coordination between these can happen to varying degrees, at
various spatial scales, under the leadership of different
organisations and through multiple mechanisms. Planning education
and practice has by and large missed this point for over half a
century. We need a new knowledge-base for city-shaping in the 21st
century and this book lays some of the essential foundations.' -
Chris Webster, University of Hong Kong'Not so very long ago the
notion of private city planning would have been of interest to only
a few die-hard libertarians. This book shows why no serious
analysis of the forces shaping cities across the world today can
neglect the role of private planning and the potential it might
have to deliver more live-able urban places.' - Mark Pennington,
King s College, University of London, UK Through comprehensive case
studies of privately planned cities and neighborhood in Asia,
Europe and North America, this book characterizes the theoretical
basis and empirical manifestations of private urban planning. In
this innovative volume, Andersson and Moroni develop an
under-studied aspect of urban planning and re-evaluate conceptions
of our urban future. Urban planning is often construed only as a
form of public planning. This misinterpretation is revealed through
an empirical focus on how cities have been planned in the past and
how the capacity of private actors will shape planning in the
future. Private planning is responsible for most small-scale infill
developments, ranging from single-family housing to hotels.
However, examples of non-governmental actors that plan larger
areas, such as homeowners' associations in the United States and
private cities in India, are becoming manifest. Private urban
planners are guided by price signals to supply infrastructure and
regulations that make land more valuable. Using analytical tools
from theoretical traditions such as Austrian and new institutional
economics, the contributors to this book eschew the mainstream
assumptions that underlie much of the critique of profit-seeking
entrepreneurship among urban planners, sociologists and
geographers. This volume will be invaluable for urban planners.
Economists in a variety of fields will also be interested in the
diverse application of economic theory, including applied urban
economists, Austrian economists, new institutional economists and
public choice economists. Contributors: N. Alfasi, D.E. Andersson,
W.E. Block, E. Buitelaar, W. Cox, F.E. Foldvary, M. Galle, P.
Gordon, R.G. Holcombe, L.W-C. Lai, A. Lowi, S. MacCallum, T.
Margalit, S. Moroni, R. O'Toole, S. Rajagopalan, N. Sorel, A.
Tabarrok
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