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...

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...

'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...