Abstract
In Chapter 1 we saw that, given certain conditions, the price system is efficient in allocating property resources in that: (i) those goods and services are produced which are most preferred by society; and (ii) it is impossible to reshuffle resources in order to produce more goods and services.
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Further Reading
Community Land Act (London: HMSO, 1975).
A. J. Harrison, Economics and Land Use Planning (London: Croom Helm, 1977) chs 1–9.
J. Harvey and M. K. Johnson, Introduction to Macro-economics (London: Macmillan, 1974) chs 11–15, 19, 20.
V. W. E. Moore, The Community Land Act, 1975 (London: Sweet & Maxwell, 1975).
Report of the Committee of Inquiry on Local Government Finance (Layfield Report), Cmnd 6453 (London: HMSO, 1976).
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© 1981 J. Harvey
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Harvey, J. (1981). The Government and Real Property. In: The Economics of Real Property. Palgrave, London. https://doi.org/10.1007/978-1-349-86070-8_13
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DOI: https://doi.org/10.1007/978-1-349-86070-8_13
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