Monday, 10 June 2013

Triumph of the City



Richer, but less able to breathe
Welcome back and welcome to ECON4. 

In lessons we are going to try something new, which is a five question quick quiz to recap near the start of the lesson.  One of the questions will be on a recent blog article - like this one.

One of the big topics is economic development and here is a great article about how cities do best. Cities tend to be the best places for us units of labour to live because there is better access to schools, hospitals, call centres, factories or sweatshops (depending where you are on the Rostow model)

An extract:"For each doubling of a city's population you typically find that inhabitants are 15% wealthier and 15% more productive (and 15% more vulnerable to violent crime). This is an example "superlinear scaling", where metrics do not increase proportionally with population. Instead, they grow faster."

Urbanisation: The city triumphs, again | The Economist:

'via Blog this'

No comments: