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blackbootz  ·  2627 days ago  ·  link  ·    ·  parent  ·  post: The Real Reason Your City Has No Money

What did you think? In this article that you link, Bloomberg makes a recommendation through his twitter to listen to this Econ talk episode. I'm really glad I did.

too long; didn't listen? First off, listen to it. Just straight up stimulating stuff (although I'm not a huge fan of the Econ talk podcast host, but that's personal). And secondly, the answer is ultimately what our intuitions tell us: difficult to generalize innovations that are started bottom up. But it's more interesting than that.