China will eventually realize that the way to pay for the infa structure is part of this belton road a programme is to do urban real estate development. The united states could be offering its own version of cities around the world that arenew, that dithers gains in the value of the land that pay for the stuff you want to do. And then, to answer your question, would i be worried if that's the way that china and the u s compete with each other? Actually, no, i think that would be pretty good....
Paul Romer makes his second appearance to discuss the failings of economics, how his mass testing plan for COVID-19 would work, what aspects of epidemiology concern him, how the FDA is slowing a better response, his ideas for reopening schools and Major League Baseball, where he agrees with Weyl’s test plan, why charter cities need a new name, what went wrong with Honduras, the development trajectory for sub-Saharan Africa, how he’d reform the World Bank, the underrated benefits of a culture of science, his heartening takeaway about human nature from his experience at Burning Man, and more.
Read a full transcript enhanced with helpful links, or watch the full video.
Recorded May 13th, 2020 Other ways to connect