Introductory Essay for a Symposium on “Urban Interventionism”

Introductory Essay for a Symposium on “Urban Interventionism” The Review of Austrian Economics, 17:2/3, 151–154, 2004. c 2004 Kluwer Academic Publishers. Manufactured in The Netherlands. Introductory Essay for a Symposium on “Urban Interventionism” SANFORD IKEDA Associate Professor of Economics, Purchase College, SUNY SAM STALEY The Buckeye Institute for Public Policy Solutions, 88 E. Broad Street, Suite 1120, Columbus, OH 3215 Although events of the past decade have significantly undermined the intellectual case for hard-core macroeconomic planning, the idea of central planning continues to enjoy legit- imacy at the local and regional levels. Much of the intellectual energy of those critical of the unhampered market process seems to have channeled toward more piece-meal environ- mental and social-policy interventions at the level of the city and suburb, particularly in the form of “Smart Growth” initiatives and an urban-design movement often referred to as “The New Urbanism.” The relevance of the Mises-Hayek critique of central planning seems then to have been lost on academic and practicing planners. Lessons from eight decades of research into the fundamental problems underlying both thorough-going collectivism as well as the more limited forms of central planning of interventionism have been largely ignored by this group. Smart Growth and the New Urbanism Smart Growth is a http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Introductory Essay for a Symposium on “Urban Interventionism”

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Publisher
Springer Journals
Copyright
Copyright © 2004 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1023/B:RAEC.0000026828.46686.20
Publisher site
See Article on Publisher Site

Abstract

The Review of Austrian Economics, 17:2/3, 151–154, 2004. c 2004 Kluwer Academic Publishers. Manufactured in The Netherlands. Introductory Essay for a Symposium on “Urban Interventionism” SANFORD IKEDA Associate Professor of Economics, Purchase College, SUNY SAM STALEY The Buckeye Institute for Public Policy Solutions, 88 E. Broad Street, Suite 1120, Columbus, OH 3215 Although events of the past decade have significantly undermined the intellectual case for hard-core macroeconomic planning, the idea of central planning continues to enjoy legit- imacy at the local and regional levels. Much of the intellectual energy of those critical of the unhampered market process seems to have channeled toward more piece-meal environ- mental and social-policy interventions at the level of the city and suburb, particularly in the form of “Smart Growth” initiatives and an urban-design movement often referred to as “The New Urbanism.” The relevance of the Mises-Hayek critique of central planning seems then to have been lost on academic and practicing planners. Lessons from eight decades of research into the fundamental problems underlying both thorough-going collectivism as well as the more limited forms of central planning of interventionism have been largely ignored by this group. Smart Growth and the New Urbanism Smart Growth is a

Journal

The Review of Austrian EconomicsSpringer Journals

Published: Oct 18, 2004

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