Edward Glaeser on Cities

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4.7 • 4.4K Ratings

🗓️ 22 April 2013

⏱️ 64 minutes

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Summary

Edward Glaeser of Harvard University and author of The Triumph of Cities talks with EconTalk host Russ Roberts about American cities. The conversation begins with a discussion of the history of Detroit over the last century and its current plight. What might be done to improve Detroit's situation? Why are other cities experiencing similar challenges to those facing Detroit? Why are some cities thriving and growing? What policies might help ailing cities and what policies have helped those cities that succeed? The conversation concludes with a discussion of why cities have such potential for growth.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:06.4	I'm your host Russ Roberts of Stanford University's Hoover Institution.
0:11.0	Our website is econtalk.org where you can subscribe, comment on this podcast, and find
0:16.0	links and other information related to today's conversation.
0:19.0	You'll also find our archives where you can listen to every episode we've ever done going
0:23.3	back to 2006.
0:25.4	Our email address is maladycontalk.org.
0:27.9	We'd love to hear from you.
0:29.8	Today is April 15, 2013, and my guest is Edward Glazer, the Fred and Eleanor Glimp Professor
0:39.1	of Economics at Harvard University.
0:41.2	His latest book is The Triumph of the City.
0:44.0	Ed, welcome back to Econ Talk.
0:45.8	Thank you for having me back.
0:48.2	Our topic today is cities, and we're going to start with a recent post you had at the
0:51.4	New York Times blog economics on Detroit.
0:54.7	Give us a brief history of that city.
0:56.0	It's not doing well right now, but it wasn't always that way, was it?
1:00.0	No, if you look back 120 years ago or so, Detroit would have looked like the most entrepreneurial
1:06.9	place, one of the most entrepreneurial places on the planet.
1:09.9	It seemed as if there was an automotive genius on every street corner.
1:13.9	If you'd look back 60 years ago, Detroit was among the most productive places on the planet
1:17.8	with the companies that were formed by those automotive geniuses coming to fruition and
	...

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