Tuesday, December 13, 2011

Paul Romer's radical idea: Charter cities

I think there are two ideas here. The first is that "changing the rules" in order to permit more and better innovation can be a path to more rapid economic development. The second is that charter cities offer a path of developed-developing country partnerships to change the rules. Romer is a path breaking economist whose earlier ideas have been very influential. This seems quite a reasonable talk.

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