Archive for the 'Development' Category
August 27, 2009
by Bill Butos
The recently opened High Line Park in the hip Chelsea area on New York’s West Side is all the rage. The High Line sits on a stretch of a defunct elevated freight railway along 10thAvenue from Ganesvoort St. (which is just south of 14th St.) to 20th street. The City plans to extend it to 34th St. A green urban advocacy group, Friends of the High Line, has steered this part of the project to completion. It’s become a tourist destination and a favorite platform for celebs and fashionistas. And it fits perfectly into the nearby Meatpacking and Chelsea areas with their trendy eateries, late night clubs, and designer clothes shops. By all accounts it purports to represent the future of urban eco-friendly planning and judging by the number of visitors (about 20,000 per week), it’s a grand success. (See here and a video appreciation by supporters here.)
After my second walk-through, my appreciation turned slightly positive. It is fun walking above the streets and catching new perspectives of the City from 30 feet above. But the empty-lot weeds masquerading as (carefully maintained) indigenous flora still look ugly and many of the views are rather uninspiring. And I am also a taxpayer. Read the rest of this entry »
Posted in Development, Urban Design, Urban Planning | 1 Comment »
Tags: High Line Park
August 14, 2009
by Mario Rizzo
In this final installment of my analysis of the papal encyclical letter Caritas in Veritate I turn my attention to Benedict XVI’s positive ideas on globalization. (I put the encyclical section numbers in parentheses.)
Do not expect clear-cut statements or precise recommendations for policy. Do not even expect consistency. (There are actually some good parts as in Sections 57 and 58.)
The encyclical bears the mark of a committee’s work, presumably approved by the pope. There are individual sections that stress different, and contrary, attitudes so it is difficult to come away with a clear picture. Anyone looking for real guidance will have to seek it elsewhere.
Nevertheless, a certain grand vision is revealed about society. The pope seems to be an enemy of the idea of beneficial spontaneous ordering forces. Read the rest of this entry »
Posted in Development, Economics, Ethics, Institutions, Religion | 4 Comments »
Tags: Encyclical, Pope Benedict XVI
August 3, 2009
by Mario Rizzo
Throughout Pope Benedict XVI’s enclyclical (“Caritas in Veritate”) he stresses that scientific knowledge is not enough when trying to determine appropriate government policies or even individual actions. This is quite true.
He fails, however, to appreciate in many specific instances and arguments the importance of the fact that that moral or ethical knowledge is also insufficient to determine appropriate government policy or individual actions. He pays lip service to this idea (Sec. 9, 30) but it rarely constrains him in practice, as we shall see.
Now consider a specific issue.
The pope is worried about the effect of globalization on the traditional welfare state. (Sec. 25) Read the rest of this entry »
Posted in Development, Economics, Ethics, Religion, Welfare State, law | 10 Comments »
Tags: globalization, justice, Pope Benedict XVI
July 28, 2009
by Mario Rizzo
Recently Pope Benedict XVI issued a papal letter (“encyclical”) called “Caritas in Veritate” [CV] or “Charity in Truth” which is largely about economic issues relating to globalization. While there have been some commentaries on it, two prominent ones (here and here) in the Wall Street Journal do not reveal how truly bad it is. It may be that the pressures of journalism are such that people read such documents too quickly. I am being charitable. Read the rest of this entry »
Posted in Development, Economics, Ethics, Religion | 3 Comments »
Tags: Bastiat, ethics-and-economics, Pope Benedict XVI
April 29, 2009
by Sandy Ikeda
From the New York Times, “An Effort to Save Flint, Mich., by Shrinking It”:
Instead of waiting for houses to become abandoned and then pulling them down, local leaders are talking about demolishing entire blocks and even whole neighborhoods. The population would be condensed into a few viable areas. So would stores and services. A city built to manufacture cars would be returned in large measure to the forest primeval.
After Katrina, some urbanists urged New Orleans authorities to adopt something like this policy of “planed shrinkage,” but largely for political reasons it was summarily rejected.
Given New Orleans’s cultural heritage, perhaps they might also find Cleveland’s approach useful, as reported in The Wall Street Journal, “Artists v. Blight”: Read the rest of this entry »
Posted in Development, Urban Design, Urban Planning | 3 Comments »
Tags: Flint Michigan, New Orleans
April 6, 2009
by Sandy Ikeda
I’m honored to be contributing a short essay to a Festschrift for Jane Jacobs. Recently, the editor asked me to write an abstract. The following is the result, which I would like to share with you:
A city is not a man-made thing. Rather, it emerges from the actions of its inhabitants, who interact in unpredictable yet orderly ways. Under the right conditions – the right “rules of the game” – what arises is vital, creative, radically unpredictable, and profitable: the living city. Read the rest of this entry »
Posted in Development, Methodology, Urban Design | 14 Comments »
Tags: designer jeans, dynamic stability, inefficiency, Jane Jacobs
February 16, 2009
by Sandy Ikeda
So far I’ve come across no discussion of the consequences that the massive infrastructure spending touted in Stimulus Package I (there will of course be others) will have on what Nathan Glazer called “the fine structure of society” in the local communities it will impact.
A new freeway, for example, might make it possible to get from point A to point B faster, but it can also reduce the local economies of A and B, as well as those in between, to barren border vacuums. Note that this is apart from whether they will be built in a timely manner or if the measured economic benefits they generate somehow cover their construction costs.
Because nearly all of the debate has taken place within a macroeconomic framework, most public intellectuals seem to have neglected how such a massive and rapid increase in physical-infrastructure might undermine this fine structure. Some have mentioned the “bridge to nowhere” syndrome or questioned whether the stimulus spending will actually stimulate quickly enough. And a few, like my colleague Mario Rizzo, have brought up the important resource-allocation effects. But I’m talking about something different here. Read the rest of this entry »
Posted in Development, Economic Stimulus, Urban Design, social capital | 6 Comments »
Tags: atlantic yards, infrastructure, Jane Jacobs, nathan glazer
January 31, 2009
By Chidem Kurdas
In developed counties free markets are widely blamed for economic ills as governments take over banks and pundits favor nationalization. By a sad irony, the situation in Zimbabwe is so dire that even President Robert Mugabe appears to be making a concession toward the only way out—reestablishing free markets. Read the rest of this entry »
Posted in Development, Economics | 3 Comments »
Tags: Mugabe, price controls, Zimbabwe
January 28, 2009
by Sandy Ikeda
A friend from France, who is both an artist and an economist, on a visit to New York last year said she loves this place so much because every time she comes here she always finds it new and interesting. Well, couldn’t you say that about any great city? Apparently not.
Thomas Bender’s The Unfinished City: New York and the Metropolitan Idea observes:
Those who have Paris or Vienna or Budapest or Mexico City or Buenos Aires (or one of many other cities) in their minds as proper metropolitan centers will be disappointed by New York. From such a point of view New York has not yet completed its progress to full metropolitan status. But that perspective radically mistakes the case. New York’s character is to be unfinished. It is not a failed or incomplete example of something else; it is sui generis…It’s very essence is to be continually in the making, to never be completely resolved.
Max Page describes this process in terms of the dialectic between economic development and city planning, in his interesting and informative book, The Creative Destruction of Manhattan, where he quotes O. Henry’s famous quip: “It’ll be a great place if they ever finish it.” Read the rest of this entry »
Posted in Development, Urban Design, Urban Planning | 10 Comments »
Tags: creative destruction, Max Page, Thomas Bender
January 16, 2009
by Sandy Ikeda
There are a couple of discussions of poverty going on right now, here and on the “Austrianecon” list-serve, which gives me a convenient opening for the following.
I’ve been re-reading Jane Jacobs’s second book, The Economy of Cities (1969), while working on a short piece for a Festschrift in her honor. FYI I’m writing about the virtue of inefficient cities, paying close attention to the chapter 3, “The valuable inefficiencies and impracticalities of cities.” Although less known and influential than her first book, The Death and Life of Great American Cities (1961), EC is devoted to developing her economic ideas and is full of great insights, such as the following from that chapter:
To seek ‘causes’ of poverty…is an intellectual dead end because poverty has no causes. Only prosperity has causes. Analogically, heat is a result of active processes; it has causes. But cold is not the result of any process; it is only the absence of heat. Just so, the great cold of poverty and economic stagnation is merely the absence of economic development. It can be overcome only if the relevant economic processes are in motion.
What Jacobs has in mind here is the underlying condition of poverty, not temporary impoverishment that’s due to episodes of unemployment, which may indeed be traced to particular causes. Read the rest of this entry »
Posted in Development | 6 Comments »
Tags: Jane Jacobs, poverty