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6min chapter
Alain Bertaud on Cities, Markets, and People
Conversations with Tyler
How Does Shanghai Work as a City?
Shanghai is a city that works relatively well in the sense that, you know, the Chinese at the local level understood market better than Mayor de Blasio. Many mayors in China told me I'm the CEO of this city. And they want to build a city of 5 million and would finance infrastructure out of the back of the envelope. Are you kidding? This is completely out of the question. How will the Shenzhen, China work as a city? And that's from basically nothing, right? Right.
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