Faculty News

Professor Paul Romer comments on Y Combinator's "New Cities" initiative and the planned city of Shenzhen, China

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Excerpt from WIRED -- "'One is very modest in the sense that you say, you can’t change anything about the political and legal framework or social norms, but we can get some of the most important elements of design right,' says Paul Romer, founding director of the Urbanization Project at NYU’s Stern Business School. That’s the conservative approach. 'The other extreme,' Romer says, 'is you build a city and put it in a new zone, and try out different legal and political structures, and even try and create new social norms.'"

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