Urban Economics and Urban Policy: Challenging Conventional Policy Wisdom

Urban Economics and Urban Policy: Challenging Conventional Policy Wisdom
ISBN-10
1781952515
ISBN-13
9781781952511
Category
Business & Economics
Pages
238
Language
English
Published
2014
Publisher
Edward Elgar Pub
Authors
Paul C. Cheshire, Max Nathan, Henry G. Overman

Description

'Urban Economics and Urban Policy pulls together cutting-edge developments in urban and regional economics and draws out their implications for urban policy. This new urban economics goes beyond simple comparative advantage and cost competitiveness of cities, and beyond simple views of capital and labor. It develops a much more complex and realistic view of what constitutes local advantage, due to the spatial sorting of different types of people and different types of firms, giving rise to a lumpy landscape of people, activities, and incomes. By taking seriously the new ways we understand the forces shaping the geography of economic development, the authors suggest fresh new ways to work with the grain of markets, but without letting them rip. It is a tour de force.' - Michael Storper, London School of Economics, UK In this bold, exciting and readable volume, Paul Cheshire, Max Nathan and Henry Overman illustrate the insights that recent economic research brings to our understanding of cities, and the lessons for urban policy-making. the authors present new evidence on the fundamental importance of cities to economic wellbeing and to the enrichment of our lives. They also argue that many policies have been trying to push water uphill and have done little to achieve their stated aims; or, worse, have had unintended and counterproductive consequences.

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