ABSTRACT

Certain analysts of present inflationary situation place far greater weight than is common among conventional economists on the impact of land scarcity on overall prices —and, specifically, of course, on the price of housing. This problem can only worsen, and one is forced to ask to what degree we are going to be required to rethink the methods by which land uses are determined. There is no way that the gap between the income levels in the rich and the poor countries can be closed in the near future. Nineteenth century patterns of knowledge and styles of action make it possible to act as though there were only limited connections between various groups and systems. The whole world is tied together by an essentially instantaneous communication web. One of the most critical indicators of dangers is the rise of single-issue politics.