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'This is a wonderfully subversive book that should be essential reading for all students of urban planning. Cities evolve under the influence of multiple individual land development plans. Coordination between these can happen to varying degrees, at various spatial scales, under the leadership...
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Key features of Austrian economic theory are the use of methodological individualism, the view that entrepreneurs cause development, and the recognition that local knowledge is largely tacit and thus difficult to communicate. The contributors to The Spatial Market Process show how these and...
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In “An Austrian Theory of Spatial Land,” Fred E. Foldvary addresses the disregard of spatial issues in basic Austrian economic theory as formulated by Carl Menger (1871) and elaborated upon by Ludwig von Mises (1940) . Foldvary shows that Johann Heinrich von Thünen (1826) and Henry George...
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