The Economist: Space and the City

Dirk Löhr

The cover story of The Economist (April 4th, 2015) quotes Mark Twain: “Buy land, they’re not making it any more.”The text deals with a hot stuff:

“Space and the City” (click here for download)

The article describes why poor land use in the world’s greatest cities carries a huge cost. It is written in an excellent, understandable way. Among others, the impact of zoning on land prices is discussed and land value taxation is promoted.