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Article: Institutionalised profiteering.(Chapter 2)
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- November 1, 2005
CopyrightCOPYRIGHT 2005 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE RELATIONSHIP BETWEEN urban and regional planning (conveniently but misleadingly abbreviated to "town planning" and in recent years more compendiously described as "environmental planning") and the land market is critically important economically, socially and environmentally. For many reasons, however, the relationship, together with its implications for equitable and efficient public revenue raising, is not always clearly understood.
Throughout history the conscious location of dwellings, roads and community buildings has been, in effect, a form of town planning. In their different ways architects, builders, engineers and surveyors have all contributed. But ...