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If it moves, tax it; if it keeps moving, regulate it; if it dies…

Now available thanks to Stephen Smith at Market Urbanism:

I apologize for the lack of posts for the last few days – I just moved to DC (a few blocks north of H Street, right by Gallaudet, if anyone’s curious), and I have yet to begin another rewarding relationship with Comcast. But, I’m here at work (I started interning at Reason magazine today), and I’ve got some free time, so I wanted to post this excerpt from Fogelson’s Downtown (I’m almost done!) that illustrates perfectly the shift from the second to last phase of Reagan’s joke about government, as applied to housing policy:

If neither public authority nor private enterprise could overcome the obstacles to urban redevelopment on its own, perhaps they could overcome them by working together. Or so the downtown business interests and their allies hoped. The trouble was that public authority and private enterprise were not used to working together. Through the mid nineteenth century public authority had routinely joined forces with private enterprise to stimulate economic development. But later this practice gave way to what might be called, for lack of a better term, an adversarial arrangement. Under this arrangement, public authorities granted private companies a franchise to build and operate the street railways, gas systems, and other public utilities other than the waterworks. They also regulated these companies. Under the watchful eyes of the courts and state legislatures, public authorities regulated the building industry as well. They established fire zones, drafted building codes, imposed height limits, and formulated zoning regulations. They also granted building permits – and, at least in theory, inspected everything from elevators to fire escapes.

This adversarial arrangement was the subject of a nationwide debate in the early twentieth century. Some Americans attacked it as one of the principal sources of corruption in cities. Others defended it as the most ...

Read the whole thing at Market Urbanism.

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