The Tibo Hypothesis

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CNN's John Sutter looks at how little experimentation there is on urban transit. He says cities should be trying to maximize the value of their land and yet they're not doing it. The larger a city, the less efficient these local government areas are, he argues.

Economic historian Judge Glock talks to EconTalk host Russ Roberts about zoning and the housing market. Glock argues the impact on zoning on housing affordability is small and that we should learn to love property taxes as long as they're administered properly. The conversation includes a discussion of the environmental impact of urban sprawl--Glock argues sprawl has certain environmental benefits.