# Prof. Paul Romer's charter cities concept is applied to Honduras

1 December 10, 2011 The Economist >

Excerpt from [The Economist](http://www.economist.com/node/21541392) -- "The Honduran regions are modelled on a concept called 'charter cities' developed by Paul Romer, an economics professor at New York University. The principle is simple: take a piece of uninhabited land big enough for a city of several million, govern it by well-tried rules and let those who like the idea move there."

[Read more](http://www.economist.com/node/21541392)