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Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

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The numbers game - 99

Howieson, Stirling (2007) The numbers game - 99. Scotregen, Scottish Urban Regeneration Forum, 40 (winter). p. 12.

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Abstract

The superstructure of any given society – in this case the regeneration of our built environment - is determined by its economic base; the means of production, distribution and exchange. In an ideal free market unburdened by engineered scarcity and knowledge imbalances, capital can respond in a highly flexible and dynamic way to fulfill ‘market demands’. When the price of a commodity equals the marginal cost, plus the average rate of profit, the new breed of neo-classical economist will claim that we have ‘efficiency’ and ‘truth’. Enviable qualities in our world of waste and spin.