Why Most Cities Thrive and What We Can Learn From Them

Money For the Rest of Us

J. David Stein

Investing, Investing Podcast, Business, Economics, Economy

4.5 • 1.4K Ratings

🗓️ 27 October 2021

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

How New York City and other metropolises will overcome the pandemic economic shock. Why do some cities thrive while others devolve into chaos? How we can develop the resiliency of thriving cities.

Topics covered include:

How New York and other cities have dealt with the pandemic economic shock
Why the city of Port au Prince in Haiti is struggling
Why do cities fail less frequently than companies
How we can replicate the rhythms and cycles of cities
How most cities can evolve in response to the pandemic and we can too

Thanks to Felix Gray and Alto CryptoIRA for sponsoring the episode.

For more information on this episode click here.

Show Notes

Local Area Unemployment Statistics - New York City— U.S. Bureau of Labor Statistics

Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies by Geoffrey B. West

The Office Sector in New York City by Brian McElwain, Anita Yadavalli, and Amar Mehta—Office of the New York Comptroller

Desperate Haitians suffocate under growing power of gangs by Dánica Coto and Alberto Arce—The Associated Press

California’s approach to gendered toys says a lot about the state’s political direction—The Economist

HB 389: Poor policy, poorly written, bad for rural Idaho by Geoffrey Wardle—Idaho Business Review

Human History Gets a Rewriteby By William Deresiewicz—The Atlantic

The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow

Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman

Related Episodes

171: The Extraordinary Impact of Cities

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Transcript

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0:00.0	Welcome to Money for the Rest of Us.
0:03.8	This is a personal finance show on Money.
0:06.6	How it works, how to invest it, and how to live without worrying about it.
0:10.5	I'm your host, David Stein, today's episode 363.
0:15.2	It's titled Why Most Cities Don't Die.
0:21.0	Last week La Prelle and I visited New York City.
0:24.6	We hadn't been there in two years due to the pandemic.
0:29.0	We typically visit every fall.
0:32.0	I liked the variety, the diversity, the large scale of the city, the randomness of walking
0:39.0	and discovering a new shop, a new restaurant, meeting someone new, or discovering something
0:44.7	I hadn't seen before.
0:47.4	I didn't used to like New York City.
0:50.3	I found it overwhelming, but I was also curious about the city.
0:55.0	My parents drove from Cincinnati to New York for their honeymoon.
0:59.5	Growing up I thought, what's was an odd choice?
1:02.6	Why not Hawaii?
1:04.6	My first time in New York City was on my first business trip, but the trip wasn't even
1:09.7	to New York.
1:10.7	I was a temp worker for an information technology company.
1:14.8	I was getting ready to go to graduate school, and this company sent me to Parcipony, New
1:19.5	Jersey, along with my boss, to train the replacement for my job.
1:24.5	My boss had never been to New York either, so we drove into the city.
	...

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