Paper $29.95 ISBN: 9781783606597 Published August 2016 For sale in North and South America only
Cloth $95.00 ISBN: 9781783606603 Published November 2016 For sale in North and South America only

Reconstructing Urban Economics

Towards a Political Economy of the Built Environment

Franklin Obeng-Odoom

Reconstructing Urban Economics

Franklin Obeng-Odoom

Distributed for Zed Books

256 pages | 5 1/2 x 8 1/2 | © 2016
Paper $29.95 ISBN: 9781783606597 Published August 2016 For sale in North and South America only
Cloth $95.00 ISBN: 9781783606603 Published November 2016 For sale in North and South America only
Neoclassical economics, the intellectual bedrock of modern capitalism, faces growing criticisms, as many of its key assumptions and policy prescriptions are systematically challenged. Yet, there remains one field of economics where these limitations continue virtually unchallenged: the study of cities and regions in built-environment economics.

In this book, Franklin Obeng-Odoom draws on institutional, Georgist, and Marxist economics to clearly but comprehensively show what the key issues are today in thinking about urban economics. In doing so, he demonstrates the widespread tensions and contradictions in the status quo, demonstrating how to reconstruct urban economics in order to create a more just society and environment.
List of figures and tables
Introduction: Dissent and Reconstruction
Part One: Establishing Principles for Urban Progress
                1 Scaffolding the principles and values of reconstruction
                2 The urban challenge
                3 The urban economy
Part Two: Analysing Material Conditions in Cities
                4 Urban economic growth: globalization, trade, and convergence
                5 Informal economies
                6 Urban poverty; socio-spatial inequality
Part Three: Creating a Socio-ecologically Sensitive Future
                7 Housing
                8 Homo automobilus
                9 Sustainable urban development
Conclusion: Towards a Political Economy of the built environment
Review Quotes
Clifford Cobb, editor of the American Journal of Economics and Sociology
“Obeng-Odoom throws down the gauntlet by challenging the dominant voices in urban economics who assure us that a market equilibrium will bring about a happy result for everyone. Without any of the sound and fury of a self-proclaimed prophet, Obeng-Odoom quietly shows us that African thought has the potential to begin to heal the rifts in Eurocentric thought, rifts that continue to cause great suffering in the world.”
Paul Alagidede, University of the Witwatersrand
“This book presents an alternative map of Urban Economics. Obeng-Odoom's command of the facts, eye for absurdity, and appreciation of the balance between heterodox and orthodox slants makes his book the most authoritative, educative and inspiring text on the subject. Anyone interested in political economy, development and the built environment will treasure this book.”
Frank Stilwell, University of Sydney
“This powerful and timely new book challenges the prevailing orthodoxy within urban studies. It blends diverse theories, international experience and a global viewpoint. Students of urban economics, real estate and planning will find it a refreshing alternative to the standard texts.”
Charles Gore, author of Regions in Question
“A lively and up-to-date introduction to urban economics, which will encourage readers to think outside-the-box on a topic which is too important for our collective future to be left to urban specialists alone.”
Richard Grant, University of Miami
“A major contribution to the urban economics of the built environment and a thoughtful counterbalance to mainstream neoclassical and neoliberal framing of urban systems.”
Ramin Keivani, Oxford Brookes University
“A welcome addition to the existing literature on urban and property economics. I would recommend this book to both students and seasoned scholars of urban and land economy and urban development more generally.”
“Obeng-Odoom’s work surely raises some important points. He asserts, reasonably, that urban economists have focused too much of their research on the developed world and the West. He also asserts the importance of understanding how colonialism and post-colonialism have shaped urban environments. . . . It is worthwhile for readers who seek a heterodox perspective on urban economics. Recommended.”
Journal of Australian Political Economy
Reconstructing Urban Economics is a most welcome addition to the canon of progressive urban scholarship and Obeng-Odoom is its well qualified author.”
Urbani Izziv

“Obeng-Odoom’s attempt to challenge the dominant perspective in urban economics deserves praise and recognition . . . highly recommended reading for students and researchers of urban studies.”

Land and Liberty
“Obeng-Odoom joins a long list of thoughtful analysts and social reformers . . . who have sought to keep the proposals of Henry George in the public dialogue.”
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