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The three largest cities in colonial America remain at the core of three of America's largest metropolitan areas today. This paper asks how Boston has been able to survive despite repeated periods of crisis and decline. Boston has reinvented itself three times: in the early 19<sup>th</sup> century as the...
Persistent link: https://www.econbiz.de/10005554722
Cities are physical structures, but the modern literature on urban economic development rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to which increases in productivity will create bigger cities or just higher paid workers and more expensive homes. In...
Persistent link: https://www.econbiz.de/10005554778
This paper uses decennial Census data to examine the residential integration of the foreign born in the United States between 1910 and 2000. Immigrant segregation declined in the first part of the century, but has been rising over the past few decades. Recent immigrants tend to hail from...
Persistent link: https://www.econbiz.de/10005557603
James Michael Curley, a four-time mayor of Boston, used wasteful redistribution to his poor Irish constituents and incendiary rhetoric to encourage richer citizens to emigrate from Boston, thereby shaping the electorate in his favor. Boston as a consequence stagnated, but Curley kept winning...
Persistent link: https://www.econbiz.de/10005633675
Does America face an affordable housing crisis and, if so, why? This paper argues that in much of America the price of housing is quite close to the marginal, physical costs of new construction. The price of housing is significantly higher than construction costs only in a limited number of...
Persistent link: https://www.econbiz.de/10005633685
Persistent link: https://www.econbiz.de/10005633690
People continue to live in many big American cities, because in those cities housing costs less than new construction. While cities may lose their productive edge, their houses remain and population falls only when housing depreciates. This paper presents a simple durable housing model of urban...
Persistent link: https://www.econbiz.de/10005633705
Many factors including incentive-pay, powerful shareholders, and takeover threats push for-profits managers towards maximizing shareholder value. One of the most striking factors about non-profit firms is that they have no comparable governance institutions, and the only check on managers are...
Persistent link: https://www.econbiz.de/10005633706
Americans have become considerably more obese over the past 25 years. This increase is primarily the result of consuming more calories. The increase in food consumption is itself the result of technological innovations which made it possible for food to be mass prepared far from the point of...
Persistent link: https://www.econbiz.de/10005633714
New York has been remarkably successful relative to any other large city outside of the sunbelt and it remains the nation’s premier metropolis. What accounts for New York’s rise and continuing success? The rise of New York in the early nineteenth century is the result of technological...
Persistent link: https://www.econbiz.de/10005633716