Is more value produced or are costs just shifted off the balance sheet onto the public commons? Driving instead of walking/public transit has certainly been profitable for some people/companies. But it has also been less than ideal from a public health standpoint. And the time spent commuting is unpaid, so while the business saves money on rent, the increase in travel time is still a cost borne by society as a whole. I would describe this as the opposite of 'efficient land use' personally.
Is more value produced or are costs just shifted off the balance sheet onto the public commons? Driving instead of walking/public transit has certainly been profitable for some people/companies. But it has also been less than ideal from a public health standpoint. And the time spent commuting is unpaid, so while the business saves money on rent, the increase in travel time is still a cost borne by society as a whole. I would describe this as the opposite of 'efficient land use' personally.