Smarter Growth: Market-based Strategies for Land-use Planning in the 21st Century
Randall G. Holcombe, Sam Staley
Greenwood Press, 2001 - Business & Economics - 292 pages
At the transition from the 20th to the 21st Century, land use planning and growth management have become two of the most controversial issues in state and local government policy. Primarily the province of local government until the 1970s, state governments have become increasingly involved in land use planning. In the 1990s Vice President Gore's promotion of Smart Growth has brought it into the national arena, while President Clinton has devoted considerable time to land use, land preservation, and urban development issues. Critically examining government land use policies and arguments supporting them, the contributors explore market alternatives to government land use planning.
Despite the apparent popularity of government restrictions on land use, the scholars writing for this volume advocate a more market-based approach. Showing that the problems of sprawling development have been misunderstood and overstated, they argue that land use policy can be better improved through market mechanisms than by the central planning of land use bureaucracies.