The Economics of Location1 belongs to that class of works, of which each generation produces very few, that both introduce a new subject and exhaust it. As with the Theory of Games, or Keynes’s General Theory, the main ideas are few and appear utterly simple once popularised. They are fortunate ideas; that is, they have many consequences that matter and that are not obvious.
KeywordsTransport Cost Market Area Individual Demand Pure Competition Equivalent Customer
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