The Global Rise of Information Intensive Industries
Edward discusses the global shift towards information intensive industries and the rise of skill-based returns. He highlights the advantage of cities in connecting smart people and enabling knowledge exchange, particularly in the finance industry. Drawing examples from cities like Boston, Seattle, and Hollywood, he emphasizes the importance of face-to-face contact and geographic clusters in fostering innovation and success. Russ raises skepticism about the idea of exchanging ideas, questioning if it is overrated or simply a result of lower search costs in cities.In this clip
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EconTalk
Edward Glaeser on Cities
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