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America’s Big City Brain Drain

The Daily

The Multiplication Effect of Superstar Cities

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There's a multiplier effect about these superstar cities as you're calling them, right? You know, they're cities that are greater than the sum of their parts. The San Francisco area becomes a net exporter of college graduates to other parts of the country. If this were happening in like a Rust Belt community or a smaller community in middle America, we would call it brain drain. That is exactly how economists think this work.

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