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Bennie's avatar

LVT and NIMBY are both cases where we’ll crafted messaging can find common ground between free market conservatives and social justice liberals. Know your audience, appeal to their interests and concerns, don’t lecture or wag your finger at them.

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Tim Helm's avatar

"While George’s lifetime predated our Euclidean system of zoning, it is clear that he would have found it an abhorrent barrier to human freedom... zoning is a regulatory tax on production which grants landowners the right to exclude others from their community and ultimately curtails our freedom to live and work on land in the manner that best serves human need."

Really?

George recognised, I thought, that public goods can lift land values (i.e. when they have benefits greater than their costs).

Would he have not recognised that some regulations to internalise externalities can do the same?

Who knows. The guy is dead, and didn't comment on it, and dubious interpretations of what George, or Jesus, would have thought about modern inventions, like zoning or smartphones, seem a bit contrived to me.

If he wouldn't have recognised that regulations preventing harmful externalities while placing minimal burden on the regulated party can promote higher aggregate welfare (i.e. can maximise land rents) then he would have been missing a trick.

Whether zoning fulfills that promise is an empirical question, specific to time and place, which has not been answered in general terms, despite blithe assertions to the contrary.

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