In 1994, Cesare Marchetti, an Italian physicist, described an idea that has come to be known as the Marchetti Constant. In general, he declared, people have always been willing to commute for about a half-hour, one way, from their homes each day. This principle has profound implications for urban life. The value of land is governed by its accessibility—which is to say, by the reasonable speed of transport to reach it.

But the endurance of the Marchetti Constant has profound implications for urban life. It means that the average speed of our transportation technologies does more than anything to shape the physical structure of our cities. To see how, let’s travel back in time by more than 2,000 years, and move towards the present.

source: K