Index Investing News
Thursday, December 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Emergent Tokyo – Econlib

by Index Investing News
September 13, 2023
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


I recently read a very interesting book on urban planning (or lack of planning) in Tokyo, entitled Emergent Tokyo.  Tokyo is one of my favorite cities, and is also the world largest metropolis (with a metro population of 38 million.)  Much of Tokyo’s dynamism comes from the spontaneous way it developed:

As the Japanese government attempted to rebuild their devastated capital city, they initially drafted a comprehensive plan, but soon concluded that they lacked the budget to carry it out. And so, in areas where neither the government nor the country’s real-estate  and transportation mega-corporations could properly fund reconstruction efforts, whole neighborhoods instead rapidly rebuilt themselves.  Working on a small scale, residents rebuilt homes and shops using scraped-together funds while relying on little more than their collective grit and inventiveness, and black markets full of micro-entrepreneurs sprung up around the city’s major train stations.  These neighborhoods were not initially planned, per se—they emerged, and their ramshackle, spontaneous spirit can still be felt today when walking Tokyo’s backstreets.

This approach was adopted out of harsh necessity, but the resulting  neighborhoods have a striking charm: intimate townscapes with exceptional vitality and livability, featuring a fine-grained urban fabric comprised of numerous small buildings.

Because of Japan’s light touch zoning it is relatively easy to build housing in Tokyo, and thus the city is not as “unaffordable” as you might expect.  Tokyo has also avoided the bland uniformity of the major cities in China.  I highly recommend the book to people interested in urban design—the graphics are especially well done.

The book contains a number of interesting observations about Japan that were new to me:

Despite these attempts to portray the Japanese as a harmonious and homogeneous people since time immemorial, the idea of Japan as a homogeneous nation is actually a relatively recent development.  Ironically, the dominant ideology in early 20th-century Japan explicitly held that Japan was a multi-cultural society originating from a melting pot of various Asian ethnicities—which, according to imperialists at the time, gave Japan the intrinsic capacity to incorporate other nations into the Japanese Empire.

Netflix has a charming Japanese TV series called Midnight Diner, which shows a tiny bar similar to those discussed in this book.

PS.  After writing this post, I came across an interesting NYT story on Tokyo housing:

Two full-time workers earning Tokyo’s minimum wage can comfortably afford the average rent for a two-bedroom apartment in six of the city’s 23 wards. By contrast, two people working minimum-wage jobs cannot afford the average rent for a two-bedroom apartment in any of the 23 counties in the New York metropolitan area. . . .

Some cities, like Singapore and Vienna, have bucked the trend by using public money to build affordable housing. Almost 80 percent of Singapore residents live in public housing.

In Tokyo, by contrast, there is little public or subsidized housing. Instead, the government has focused on making it easy for developers to build. A national zoning law, for example, sharply limits the ability of local governments to impede development. . . .

“In progressive cities we are maybe too critical of private initiative,” said Christian Dimmer, an urban studies professor at Waseda University and a longtime Tokyo resident. “I don’t want to advocate a neoliberal perspective, but in Tokyo, good things have been created through private initiative.”

I do wish to advocate a neoliberal perspective.

PPS.  Check out Tokyo in this graph from the Financial Times:

 



Source link

Tags: EconlibEmergentTokyo
ShareTweetShareShare
Previous Post

Ahead of IPO, RR Kabel collects over Rs 585 cr from anchor investors

Next Post

Site for Mohamed Hadid’s Troubled Spec Mansion Lists For $68 Million

Related Posts

It’s A Google Drawback – The Large Image

It’s A Google Drawback – The Large Image

by Index Investing News
December 22, 2025
0

    So let’s say you wish to purchase a live performance ticket. You search in Google and also you...

Sam’s Hyperlinks: Vacation Version

Sam’s Hyperlinks: Vacation Version

by Index Investing News
December 14, 2025
0

Sam works on innovation coverage at Progress Eire, an unbiased coverage suppose tank in Dublin, and runs a publication referred...

No matter Occurred to NFTs?

No matter Occurred to NFTs?

by Index Investing News
December 10, 2025
0

    Final week’s Sturgeon’s Corollary generated a little bit of pushback. Probably the most related questions have been about...

Housing: Provide vs. Amount – Econlib

Housing: Provide vs. Amount – Econlib

by Index Investing News
December 6, 2025
0

If there’s one factor we are able to depend on in America, it’s that our elected officers will see an...

The Return of Cisco – The Massive Image

The Return of Cisco – The Massive Image

by Index Investing News
December 2, 2025
0

    I’ve by no means shared this story earlier than, however since we're at a milestone, I would as...

Next Post
Site for Mohamed Hadid’s Troubled Spec Mansion Lists For  Million

Site for Mohamed Hadid's Troubled Spec Mansion Lists For $68 Million

Top OneCoin Executive has been sentenced to 20 years in jail

Top OneCoin Executive has been sentenced to 20 years in jail

RECOMMENDED

Saudi Arabia sovereign fund ups stake in Lucid Group in Q4 (NASDAQ:LCID)

Saudi Arabia sovereign fund ups stake in Lucid Group in Q4 (NASDAQ:LCID)

February 15, 2023
Goal, J.M Smucker and extra

Goal, J.M Smucker and extra

June 7, 2022
Earnings Preview: Oracle (ORCL) leverages AI energy to fast-track progress

Earnings Preview: Oracle (ORCL) leverages AI energy to fast-track progress

March 5, 2025
Israel hits Syria after rockets fired towards Golan Heights By Reuters

Israel hits Syria after rockets fired towards Golan Heights By Reuters

April 9, 2023
Cassava Sciences Inventory: Turning The Nook Into A Brick Wall (NASDAQ:SAVA)

Cassava Sciences Inventory: Turning The Nook Into A Brick Wall (NASDAQ:SAVA)

July 24, 2024
Prop. 29 Puts Union Coercion on the California Ballot

Prop. 29 Puts Union Coercion on the California Ballot

October 17, 2022
Q4FY22 Evaluation: March quarter earnings blended bag – banking, realty, car report strong numbers, says brokerage

Q4FY22 Evaluation: March quarter earnings blended bag – banking, realty, car report strong numbers, says brokerage

June 4, 2022
First Teaser for Creepy Horror ‘Carry Her Again’ Starring Sally Hawkins

First Teaser for Creepy Horror ‘Carry Her Again’ Starring Sally Hawkins

February 19, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In