Recorded July, 2016. That’s Finance Insurance Real Estate, the sector of the economy that many observers assert dominates the politics of many cities. Does demand and supply accurately describe how commercial real estate markets function? How are development decisions made? Can you tell whether you’re in a boom or is it a bubble? Chicago DSA’s Bill Barclay interviews Professor Rachel Weber about the political economy of urban development and about her new book, From Boom to Bubble: How Finance Built the New Chicago.
Rachel Weber is a Professor in the Urban Planning and Policy Department and a Faculty Fellow at the Great Cities Institute at the University of Illinois at Chicago where she teaches courses and conducts research in the fields of economic development, urban policy, and public finance. She is the author of Swords into Dow Shares: Governing the Decline of the Military Industrial Complex and co-editor of the Oxford Handbook of Urban Planning, a compilation of 40 essays by leading urban scholars. Her latest book, From Boom to Bubble: How Finance Built the New Chicago, was recently published by the University of Chicago Press. In addition to her academic responsibilities, she has served as an advisor to municipal planning agencies, political candidates, and community organizations on issues related to municipal incentives, property taxes, and neighborhood revitalization. She was appointed by Chicago Mayor Rahm Emanuel to the Tax Increment Financing Reform Task Force in 2011 to provide recommendations to his new administration for reforming this financing tool.
- From Boom to Bubble by Rachel Weber
- Tax Increment Financing Districts — Cook Count Clerk’s Office
- Tax Increment Financing Reform Task Force Final Report — City of Chicago
- Chicago Is Not Broke edited by Tom Tresser