Emily Badger has written an excellent piece for the NY Times. Perhaps due to space constraints, she does not discuss one key issue. Most of the challenges of building "high tech" cities emerge because of durable capital. My proof goes as follows.
At USC this term, I am teaching a new class on "the limits to growth". My course is a fair fight between Paul Ehrlich and Julian Simon. My class features 90% non-economics majors and many have never taken a course with an economist before. I sense that they side with Ehrlich.
The WSJ has published a fascinating piece that points out an inconsistency in the expressed views of the leaders of Oakland's city government.
