ERC lecture: Rethinking the Economics of Land and Housing with Josh Ryan-Collins & Laurie MacFarlane
6:30 pm to 8:00 pm, 28 March 2018
Josh Ryan-Collins and Laurie MacFarlane discuss Rethinking the Economics of Land and Housing at the Economic Research Council on 28th March.
The Economic Research Council
Royal Overseas League, Overseas House, Park Place, St James’s Street, London SW1A 1LR
IIPP Senior Research Associate Josh Ryan-Collins and Honorary Research Associate Laurie MacFarlane will be discussing their book, ‘Rethinking the Economics of Land and Housing’, described by the Financial Times as “a lucid exposition of the dysfunctional British housing market”.
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land?
In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies – including housing crises, financial instability and growing inequalities – are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.
6.30 pm – Drinks and Networking
7.00 pm – Lecture start
7.30 pm – Q&A
8.00 pm – Finish