What's a School Worth to a Neighborhood? A Spatial Hedonic Analysis of Property Prices in the Context of Accommodation Reviews in Ontario

Due to a change in capital funding formula, many school boards across the Province of Ontario engaged in Accommodation Reviews to rationalize the supply of school capacity. This process led to numerous school closures and raised important policy questions regarding the economic value of a school in terms of its capitalization into property values and, by extension, how the closure of a school might affect local neighborhoods. To explore these questions, this research uses spatial hedonic methods to estimate the implicit value of accessibility to schools in the City of Hamilton, Ontario. Spatial Durbin model results provide evidence of a significant negative correlation between distance to schools and housing prices in the Canadian context. This suggests that accessibility to schools is capitalized into property values and that the closure of a neighborhood school may result in potentially significant losses of economic value in communities.     

Mexico's stalled peace process: prospects and challenges

High hopes were raised when Vicente Fox Quesada of the National Action Party (PAN) was elected President of Mexico in July 2000. After three years of inaction, the possibility that the nation's stalled peace process might once again recommence suddenly seemed plausible. With the announcement in December 2000 by the rebel Zapatista Army of National Liberation (EZLN) of three preconditions prior to any dialogue taking place, a clear trajectory was set. Four months later, however, all contact with the rebels had been broken and once again Mexico's peace process was in jeopardy. This article recounts the brief history of talks to date and explains how the current impasse has been reached. Identifying both prospects and challenges for any future peace deal, the author calls for greater international vigilance and understanding of a conflict with significant political and ethical implications.     

Undermining Obligation to God: Hobbes’s Religious Rhetoric and False Forms of Obligation

ABSTRACT

This paper examines Hobbes’s use of religious rhetoric, specifically his definitions of the terms grace, faith, and future words in his explanation of the nature and origins of obligation. Through categorization and analysis of Hobbes’s different forms of obligation, paying special attention to the religious rhetoric of the false forms, it becomes evident that Hobbes’s view of obligation is designed not only to establish a political order, but to undermine man’s obligation to God, and as such, remove the possibility of competing obligation in the life of the citizen, and thereby reduce the cause of civil wars.