Land economics: Difference between revisions
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[[Category: | '''Land economics''' concerns itself with the study of land use, natural resources, public utilities, housing, and urban land issues. | ||
In [[political economy]] land was treated as a factor of production without being relegated to a sub-discipline. | |||
Since land cannot be entirely ignored, during the development of [[neoclassical economics]], in the first thirty decades of the twentieth century,<ref>Mason Gaffney in ''The corruption of Economics''(1994), pp. 95-96.</ref> a place had to be found for land. This need was satisfied by creating land economics as a sub discipline in mainstream economics.<ref> Mason Gaffney, in ''Land and Taxsation'', ed. Nicolaus Tideman (1994), pp. 40-41.</ref> | |||
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Latest revision as of 17:01, 9 September 2024
Land economics concerns itself with the study of land use, natural resources, public utilities, housing, and urban land issues.
In political economy land was treated as a factor of production without being relegated to a sub-discipline.
Since land cannot be entirely ignored, during the development of neoclassical economics, in the first thirty decades of the twentieth century,[1] a place had to be found for land. This need was satisfied by creating land economics as a sub discipline in mainstream economics.[2]