Economic theory must distinguish between publicly owned and privately owned property if it is to account for the effect of institutions on the behavior of individuals. Careful study of the theories of Marxists and the real-world experience in the Soviet economy offer important lessons and insight for economic modeling and the ongoing development of theory. In this course, Marxist/Leninist theory and Soviet reality will be studied with an open mind, and with the goal of taking lessons from the case study.

Lurking beneath our natural desire to ensure that water will always be available to perform its many life-supporting functions is the fear that it will run out. Our thinking (in truth, our feeling) about water tends to be dominated by myth and misunderstanding. We believe that our 'need' for water is exponentially greater than other wants and needs; we also believe that this intense 'need' confers special status, making water a unique resource. We mistrust the ability of people to recognize water's special status, and we assert that only through common or public ownership can we preserve water for future generations. Paradoxically, while our conviction that water is unique derives from our knowledge of its many important uses, we have trouble acknowledging the value of water in anything other than pristine form. We tend to assume that, when it comes to water, there's no such thing as 'too clean.' Unfortunately, in acquiescing to these myths, we make things worse; we create for ourselves an intellectual box that constrains our ability to conserve the resource we value so highly. These lessons challenge the myths and use economic reasoning to suggest a new way to think about our use of this vital resource. In brief, the lessons assert: (1) that in economic terms, water is not fundamentally different from any other resource, good, or service; and (2) that many of the answers to our concerns about water conservation and water quality can be found in markets, the same institution that provides us bread, shoes, underwear, tractors, flowers, computers, charities, flu shots, bubblegum, the collectible craze of the moment, and the myriad other products we find 'essential' to the way we wish to live.

This online module will explore strategies to increase student ownership and motivation in your classroom. 

This course examines the theories and policy debates over who can own real property, how to communicate and enforce property rights, and the range of liberties that they confer. It explores alternative economic, political, and sociological perspectives of property rights and their policy and planning implications.

Governments at every level assume a measure of responsibility for seeking good design. Some of that responsibility is exercised directly—through the design and construction of government buildings, for example. But most changes to our environments are neither designed nor built by governments. Rather, they are the result of the actions and investments of private individuals, institutions, corporations, joint ventures, or private/public collaborations. Yet, the actions of all of these actors are affected by the design policies of government and the interventions that are undertaken to implement those policies. In this advanced graduate-level seminar we will explore new ways of thinking about urban design policy in an attempt to better understand just what government does—and what it can do effectively—in the realm of design policy.