Talent and Prosperity

“Smart Cities” have to be about much more than technology

A framework for thinking about smart cities Cities are organisms, not machines The growing appreciation of the importance of cities, especially by leaders in business and science, is much appreciated and long overdue.  Many have embraced the Smart City banner. But it seems each observer defines “city” in the image of their own profession.  CEOs […]

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The Storefront Index

As Jane Jacobs so eloquently described it in The Death and Life of American Cities, much of the essence of urban living is reflected in the “sidewalk ballet” of people going about their daily errands, wandering along the margins of public spaces (streets, sidewalks, parks and squares) and in and out of quasi-private spaces (stores,

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Jobs Return to City Centers

(This post coincides with the newly released report, Surging City Center Job Growth. The report and more details are found here.)  For decades, urban economists have chronicled the steady decentralization of employment in our metropolitan areas. First people moved to the suburbs for low density housing, and then businesses followed—especially retail and service businesses that catered

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How is economic mobility related to entrepreneurship? (Part 1: Venture Capital)

The work of Raj Chetty and his colleagues at the Equality of Opportunity project has spurred intense interest in the extent of economic mobility, measured by the likelihood that children born to low-income parents achieve higher economic status when they are adults. Their work shows a remarkable degree of geographic variation in intergenerational economic mobility.

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