Via Greg Mankiw's blog, Ed Glaeser has an op-ed in the Boston Globe arguing against the home buyer's tax credit on the grounds that it encourages suburban sprawl and therefore all of the negative environmental consequences of sprawl. I've been in-tune with the green urbanism thinking for a while now, but drifted away recently because it doesn't seem to be going anywhere and if people prefer living in the suburbs, who am I to say they should move back to the cities?
It's great to see such a well-respected economist getting behind the idea that we should limit suburbanization subsidies. My declining interest in urban planning was accompanied by an ascendant interest in economics; Glaeser's article is a nice reminder that the two are not so separate after all.
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