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The Organization of Cities - Initiative, ordinary life, and the good life (Hardcover, 1st ed. 2017)
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The Organization of Cities - Initiative, ordinary life, and the good life (Hardcover, 1st ed. 2017)
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This book focuses on the relationship between the state and economy
in the development of cities. It reviews and reinterprets
fundamental theoretical models that explain how the operation of
markets in equilibrium shapes the scale and organization of the
commercial city in a mixed market economy within a liberal state.
These models link markets for the factors of production, markets
for investment and fixed capital formation, markets for
transportation, and markets for exports in equilibrium both within
the urban economy and the rest of the world. In each case, the
model explains the urban economy by revealing how assumptions about
causes and structures lead to predictions about scale and
organization outcomes. By simplifying and contrasting these models,
this book proposes another interpretation: that governance and the
urban economy are outcomes negotiated by political actors motivated
by competing notions of commonwealth and the individual desire for
wealth and power. The book grounds its analysis in economic
history, explaining the rise of commercial cities and the emergence
of the urban economy. It then turns to factors of production,
export, and factor markets, introducing and parsing the Mills
model, breaking it down into its component parts and creating a
series of simpler models that can better explain the significance
of each economic assumption. Simplified models are also presented
for real estate and fixed capital investment markets,
transportation, and land use planning. The book concludes with a
discussion of linear programming and the Herbert- Stevens and the
Ripper-Varaiya models. A fresh presentation of the theories behind
urban economics, this book emphasizes the links between state and
economy and challenges the reader to see its theories in a new
light. As such, this book will be of interest to scholars,
students, and practitioners of economics, public policy, public
administration, urban policy, and city and urban planning. >
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