"Neoclassical economics, the intellectual bedrock of modern capitalism, faces growing criticisms, as many of its key … assumptions and policy prescriptions are systematically challenged. Yet, there remains one field of economics where these … limitations continue virtually unchallenged: the study of cities and regions in built-environment economics. In this book …

, zoning, and subsidized insurance - in an urban economics framework that takes land scarcity into account. In a theoretical …