Faculty News

Prof. Paul Romer on the obstacles to urban expansion

Excerpt from Scientific American -- "'A pervasive problem around the world is that city governments are not strong enough,' Romer said, citing the example of New York City seizing land from private property owners in 1811 to construct the present street grid. 'Very few city governments in the world can do what New York City did in 1811, and that's what is holding us back.'"

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