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Cover Time, Space and Capital
Time, Space and Capital
Åke E. Andersson and David Emanuel Andersson
In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor is the real source of creativity, innovation, and accumulation. But capital is also a phenomenon in time and in space. Offering a new and path-breaking theory, they show how durable capital with large spatial domains — infrastructural capital such as institutions, public knowledge, and networks — can help explain the long-term development of cities and nations.
Restricted access
Monograph Book
Publication Date:
28 Jul 2017
DOI:
https://doi.org/10.4337/9781783470884
Collections:
Economics 2017
Cover Property Rights, Land Values and Urban Development
Property Rights, Land Values and Urban Development
Betterment and Compensation in China
Li Tian
This book presents an analysis of betterment and compensation issues under the Land Use Rights (LURs) System in China since 1988. The topic originates from the observation of widening inequity and increasing uncertainty associated with the failure of government to adequately address betterment and compensation issues. An analytical framework of institutions and property rights is employed to examine socio-economic impacts under the LURs system, in particular, the role of the state is analyzed to explore the effects of government intervention in land markets.
Restricted access
Monograph Book
Publication Date:
26 Dec 2014
DOI:
https://doi.org/10.4337/9781783476404
Collections:
Economics 2014
Cover Cities and Private Planning
Cities and Private Planning
Property Rights, Entrepreneurship and Transaction Costs
Editors: David Emanuel Andersson and Stefano Moroni
Through comprehensive case studies of privately planned cities and neighbourhood in Asia, Europe and North America, this book characterizes the theoretical basis and empirical manifestations of private urban planning. In this innovative volume, Andersson and Moroni develop an understudied aspect of urban planning and re-evaluate conceptions of our urban future.
Restricted access
Monograph Book
Publication Date:
26 Sep 2014
DOI:
https://doi.org/10.4337/9781783475063
Collections:
Economics 2014