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Economists and Urban Planners: Two Visions of Cities that need to be…
Economists and Urban Planners: Two Visions of Cities that need to be merged
Markets and design
Markets
Impersonal.
Transactional mechanisms resulting from human action.
Exchanges of value
Movement of goods
Markets create an order generated without design.
The order created by markers manifets itself in the shape of cities.
When prices are distorted, so is the order generated by market.
Urban Planners
= professionals in charge of modifying market outcomes throught regulations.
Urban economists
= the professionals who understand markets.
Urban Planning versus Urban Economics
Urban planners
Rapid decisions
that have an immediate impact on the ground.
Normative
They are more
qualitative
.
Sustainable
Livable
They see
land prince
as the main
obstacle to affortability.
"Needs"
Urban economists
They have a
indirect contact with cities.
They use
academic research.
Quantitative
indicators based on
theories, models and empirical evidence
, developed mostly in
academic settings.
:
Theoretical framework.
Scarce resource allocation.
Both would do a better job and use all of the data if they give feedback in a mutual way.
Poor Regulations are still common
Urban rules are often transmitted through generations as traditional wisdom that is seldom challenged. However, cricumstances change, and rules,
specifically urban rules, must be adapted to these new circumstances.
This new regulations have
nothing to do with safety or sanitation.
Cities without land markers
The given
income does not
give for
good housing conditions
, food, clothing, with halt free and the other heavily subsidized.
Allocate land
Strong signals though prices when land is inderused / unsuitable for its location.
Strong incentive to users to use as little land as possible in areas where there is strong demand (transport networks).
Stimilates innovation in constructions: without land prices.
We also have the market forces.
Almendra Teycalco García García - A01746426
