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At the forefront of the argument for government-directed land use planning is the notion that -citizen participation- in urban land use decisions can avoid the problems associated with bureaucratic governance and tackle widespread instances of -market failure-. Using illustrations from the British land use planning system this paper argues that participatory planning models are insufficiently attuned to the problems of social co-ordination generated by the absence of market prices and of the importance of private property rights in facilitating -experiments in urban living-.
The Review of Austrian Economics – Springer Journals
Published: Oct 18, 2004
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