UCL Institute for Innovation and Public Purpose


ERC lecture: Rethinking the Economics of Land and Housing with Josh Ryan-Collins & Laurie MacFarlane

28 March 2018, 6:30 pm–8:00 pm

"The book that did the most to alter my perception of the world." - quote from review in Bloomberg. Financial Times Best books of 2017. Bloomberg Must-Read 2017. Times Higher Education Best Books of 2017. Institute of Place Management Best Books of 2017.

Josh Ryan-Collins and Laurie MacFarlane discuss Rethinking the Economics of Land and Housing at the Economic Research Council on 28th March.

Event Information

Open to







The Economic Research Council


Royal Overseas League, Overseas House, Park Place, St James’s Street, London SW1A 1LR

Full details about this event are available via the Economic Research Council website.

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


Students £10, free for ERC members