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Review of James Heilbrun, Real Estate Taxes and Urban Housing

Real Estate Taxes and Urban housing is a useful book on a hot subject. Dick Nctzer, in his Economics of the Properly Tax, leaned heavily on it while it was still a Ph.D. dissertation, pronouncing it “by far the best available treatment” of its subject, and citing it to support some of his policy . . . → Read More: Review of James Heilbrun, Real Estate Taxes and Urban Housing

The Benefits of Farm Programs: Incidence, Shifting, and Dissipation

I write as one who has spent half his career inside and half outside agricultural economics. That makes me less familiar than many agricultural economists with the details of farm programs, and this will be the kind of treatment where you cannot see the trees for the forest. What I had in mind when . . . → Read More: The Benefits of Farm Programs: Incidence, Shifting, and Dissipation

Mason Gaffney’s Testimony to the President’s Commission on Urban Problems

The higher tax rate in cities drives investors elsewhere, both home builders and industry, because whoever puts un a new building under this state of affairs tends to become a fiscal surplus generator, and no one really wants to be that: it means you pay more in taxes than you get back in services. . . . → Read More: Mason Gaffney’s Testimony to the President’s Commission on Urban Problems

Extractive Resources and Taxation: Editorial Findings

Extractive Resources and Taxation Madison: University of Wisconsin Press, 1967. Volume One, Publications of TRED, The Committee on Taxation, Resources and Economic Development. Out of print; available micro. Includes 79 pages of “Editorial Findings” (item B, 2, hic), plus Introduction to the volume.

. . . → Read More: Extractive Resources and Taxation: Editorial Findings

Extractive Resources and Taxation: Introduction

Extractive Resources and Taxation Madison: University of Wisconsin Press, 1967. Volume One, Publications of TRED, The Committee on Taxation, Resources and Economic Development. Out of print; available micro. Includes 79 pages of “Editorial Findings” (item B, 2, hic), plus Introduction to the volume.

. . . → Read More: Extractive Resources and Taxation: Introduction

Welfare Economics and Environmental Quality

Important as the physical environment is, the intellectual, social and psychological are more so. The greater gain of improving the physical world is improving the man who does it, the greater gain of achieving harmony of man and nature is achieving, through nature, harmony of man and man. In this case, the means may . . . → Read More: Welfare Economics and Environmental Quality

Containment Policies for Urban Sprawl

Why should we want to contain cities? Some agriculturalists regard the answer as too obvious to require demonstration: cities are dangerously seductive, sterile and wicked, and, like the Soviets, belong behind a Curzon Line and cordon sanitaire. The Soil Conservation Service entertains the Malthusians with endless excursions and alarums over dangerous inroads on our . . . → Read More: Containment Policies for Urban Sprawl

Water Law and Economics Transfers of Water: A Reply

THIS is a reply to Dean Frank Trelease’s comment on a case study of western water law as applied to the Keweah River, California. That case study finds diseconomies in water allocation, and lays much of the blame to water law. Dean Trelease Ends this “very disturbing,” which reaction I, in turn, find a . . . → Read More: Water Law and Economics Transfers of Water: A Reply

The Unwieldy Time-Dimension of Space

This paper introduces the concept of “time-indivisibility,” and suggests that it may interfere with optimal allocation of durable resources, and especially permanent resources. Space on the earth’s stirface is taken as a representative permanent resource. The limitations of leasing and lending as time-dividers are briefly sketched. A simple technique is advanced for analyzing on an . . . → Read More: The Unwieldy Time-Dimension of Space

Urban Expansion – Will it Ever Stop?

This essay raises thought-provoking questions, contains many challenging details, and steps on some toes. It will arouse disagreement and maybe controversy. Everyone will do well to attend closely to the compelling problems it discusses of harnessing urban land—a resource that “holds economic forces of titanic power for welfare or destruction.” “Urban Expansion — Will . . . → Read More: Urban Expansion – Will it Ever Stop?