AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Capitalism and Cities
I think one of the drivers of this uncertain feeling of made a lot of money and it feels unreal is that it's very intangible. Cities, unless you do it really wrong, they are pretty much permanent. They're going to be around for a long time. And cities have these insanely durable network effects. Some of that is just they have natural features that make them a good place to put a city. There's a study published a while ago that was looking at ancient Greek trading routes. I think it was like from 600 BC or something like that. If you look at satellite photo at night,. A lot of big cities in Europe, at least along the Mediterranean coast, were also places