What limits should be placed on the public power to take private property? Ten years ago, when the Supreme Court heard the case of Kelo v.…
A modest approximation by homebuyers leads house prices to display three features that are present in the data but usually missing from…
Sensible regulatory requirements can reduce illnesses and accidents, protect the environment, and maintain quality of life. But when…
Large retailers have significant positive spillovers on nearby businesses, and both
private and public mechanisms exist to attract them. We…
The great transition from farm to city is filled with economic, social, and political promise. Cities are the product of a triad of forces…
Conventional wisdom held that housing prices couldn’t fall. But the spectacular boom and bust of the housing market during the first decade…
The United States is a suburban nation. Though sizable populations live in urban areas, the trend over the last several decades in the U.S…
This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United States. We discuss…