Cities are important if you're talking about Paul Romer's concept. I'm happy for the idea of cities to say we should do something different. Export in Port Bank, overrated or underrated? I'd vote for it. Even though it's corporate welfare. Anthropologists! Anthropologists?! What is your opinion on anthropologists? You don't like them but they make a lot of money so why not use their skills and knowledge?' "We need institutions to overcome the inherent shortcomings of international finance," he says.
Tyler Cowen and Jeffrey Sachs discuss the resource curse, why Russia failed and Poland succeeded, charter cities, Sach's China optimism, JFK, Paul Rosenstein-Rodan, whether Africa will be able to overcome the middle income trap, Paul Krugman, Sach's favorite novel, premature deindustrialization, and how to reform graduate economics education.
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