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Prices and Location: A Geographical and Economic Analysis

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Property Rights

Part of the book series: Palgrave Studies in Classical Liberalism ((PASTCL))

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Abstract

Government housing projects, not being part of the profit and loss private sector, are able to transcend the market’s tendency to locate people according to income or wealth. This increases transactions costs, reduces social cooperation, creates inefficiency, and undermines incentives to amass wealth (and thus dis-enhances economic development).

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Authors and Affiliations

  1. Loyola University, New Orleans, LA, USA

    Walter E. Block

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  1. Walter E. Block
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Correspondence to Walter E. Block .

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Block, W.E. (2019). Prices and Location: A Geographical and Economic Analysis. In: Property Rights. Palgrave Studies in Classical Liberalism. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-28353-7_9

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  • DOI: https://doi.org/10.1007/978-3-030-28353-7_9

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-28352-0

  • Online ISBN: 978-3-030-28353-7

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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