People I (Mostly) Admire 44. Edward Glaeser Explains Why Some Cities Thrive While Others Fade Away
Sep 11, 2021
Edward Glaeser, a Harvard professor renowned for his expertise in urban economics and author of "Triumph of the City," delves into what makes cities thrive. He compares the surprising functionality of Mumbai’s slums to the empty luxury housing in China. Glaeser also discusses historical urban challenges, including how cities are resilient against pandemics. The conversation touches on the intricate relationship between local policies, education, and economic prospects, offering captivating insights into the anatomy of urban success and decline.
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Cities' Survival
- Cities have faced numerous challenges like pandemics and economic downturns.
- These events can test urban resilience but don't necessarily spell their demise.
Post-COVID Urban Landscape
- The COVID-19 pandemic and the rise of work-from-home are significant challenges to urban areas.
- These trends may intensify competition for global talent as people have more locational flexibility.
NYC's Comeback
- New York City's near bankruptcy in the 1970s, coupled with urban flight and depopulation, led many to believe cities were in decline.
- This prediction proved inaccurate as many cities, including New York, experienced a resurgence.
