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Wild Dragons in the City: Urban Political Economy, Affordable Housing Development and the Performative World-making of Economic Models

International journal of urban and regional research, 2014-01, Vol.38 (1), p.79-97 [Peer Reviewed Journal]

2013 Urban Research Publications Limited ;Tous droits réservés © Prodig - Bibliographie Géographique Internationale (BGI), 2014 ;ISSN: 0309-1317 ;ISSN: 1468-2427 ;EISSN: 1468-2427 ;DOI: 10.1111/1468-2427.12037 ;CODEN: IJURDZ

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  • Title:
    Wild Dragons in the City: Urban Political Economy, Affordable Housing Development and the Performative World-making of Economic Models
  • Author: Christophers, Brett
  • Subjects: Affordable housing ; Bgi / Prodig ; Cities ; Clothing Industry ; Economic Development ; Economic Models ; economic performativity ; Economics ; Enterprises ; Housing ; Housing. Communiting ; Human geography ; Landscape ; Performativity ; Planning ; Political Economy ; Redevelopment ; Residential areas ; Textile Industry ; United Kingdom ; Urban Areas ; Urban development ; Urban geography ; Urban redevelopment
  • Is Part Of: International journal of urban and regional research, 2014-01, Vol.38 (1), p.79-97
  • Description: This article explores the potential to mobilize in an urban context the key insights of the burgeoning literature on the performativity of economics. It argues that our understanding of contemporary urban political‐economic transformation needs to explicitly recognize the active role of economics in making and remaking the urban world, as opposed to merely describing and analysing it in some kind of passive, detached fashion. It develops this argument through the elaboration of a case study of just such world‐making in action: the growing use in the United Kingdom, since the early 2000s, of economic models for assessing the viability of affordable housing provision in new residential developments. The world of urban redevelopment that such models attempt to describe formulaically has, the article submits, increasingly come to act according to the model and the assumptions it contains; the model, in this sense, has been progressively actualized in the urban landscape. The article conceptualizes such performative economic models as examples of what Michel Callon calls economics ‘in the wild’, and it focuses on the work of the leading commercial developer and marketer of such models in the affordable housing planning environment over the last decade — a consulting company called Three Dragons.
  • Publisher: Oxford: Blackwell Publishing Ltd
  • Language: English
  • Identifier: ISSN: 0309-1317
    ISSN: 1468-2427
    EISSN: 1468-2427
    DOI: 10.1111/1468-2427.12037
    CODEN: IJURDZ
  • Source: Alma/SFX Local Collection
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