I think that Klein and Thompson would say that the frontiers are the industry agglomerations in the expensive coastal metros that are the source of the wealth and land values. I think that I even heard Klein say something very similar to that on a podcast (the one with Gavin Newsome). If you want to work on the bleeding edge, usually you have to be in one of the coastal cities (which coastal city you want to be in is dependent on which industry that you are in). Given that the bleeding edge is being driven by gathering together the most ambitious, talented and knowledgeable people in an industry into one place where they can collaborate, I don’t know what can be done to help close the gaps between the tier one cities (or global alpha cities or whatever you want to call them) and everybody else. I remember that after years of arguing that cities like Cincinnati or Indianapolis could make better choices about economic development and become nationally prominent cities, Aaron Renn moved back to Indiana and changed his mind and realizing that the best that the state can do is to make life as good as possible for the people who do want to be there. But that there was nothing that could be done to significantly grow Indiana’s economy (and implicitly that of the interior North) basically because people don’t like cold weather and so they are migrating en masse to the Sunbelt.
Even the Chinese finally figured out the path to Abundance: unleash private markets and reward success. If you want a flatter distribution of that success, promote participation in risk-taking. In other words, Klein and Thompson need to change their stripes. (Haha - won't happen, and neither will their "abundance.")
I think that Klein and Thompson would say that the frontiers are the industry agglomerations in the expensive coastal metros that are the source of the wealth and land values. I think that I even heard Klein say something very similar to that on a podcast (the one with Gavin Newsome). If you want to work on the bleeding edge, usually you have to be in one of the coastal cities (which coastal city you want to be in is dependent on which industry that you are in). Given that the bleeding edge is being driven by gathering together the most ambitious, talented and knowledgeable people in an industry into one place where they can collaborate, I don’t know what can be done to help close the gaps between the tier one cities (or global alpha cities or whatever you want to call them) and everybody else. I remember that after years of arguing that cities like Cincinnati or Indianapolis could make better choices about economic development and become nationally prominent cities, Aaron Renn moved back to Indiana and changed his mind and realizing that the best that the state can do is to make life as good as possible for the people who do want to be there. But that there was nothing that could be done to significantly grow Indiana’s economy (and implicitly that of the interior North) basically because people don’t like cold weather and so they are migrating en masse to the Sunbelt.
Or maybe unaffordable housing in the largest tech centers is proof that they're hitting what are called for any other industry diseconomies of scale?
I have had a sneaking suspicion that a lot of YIMBYs are in favor of "the right sort of people" moving in.
It's even worse. We still expand freeways! Just not anything that would be helpful.
Even the Chinese finally figured out the path to Abundance: unleash private markets and reward success. If you want a flatter distribution of that success, promote participation in risk-taking. In other words, Klein and Thompson need to change their stripes. (Haha - won't happen, and neither will their "abundance.")