Found 78 article(s) for author 'Edward Glaeser'

The Political Risks of Fighting Market Failures: Subversion, Populism and the Government Sponsored Enterprises

The Political Risks of Fighting Market Failures: Subversion, Populism and the Government Sponsored Enterprises. Edward Glaeser, May 2012, Paper. “There are many possible ways of reforming the Government-Sponsored Enterprises that insure mortgages against default, including a purely public option, complete privatization or a hybrid model with private firms and public catastrophic insurance. If the government is sufficiently capable and benign, either public intervention can yield desirable outcomes; the key risks of any reform come from the political process. This paper examines the political risks, related to corruption and…” Link

Tags: , ,

Fire Up America’s Jobs Factory With Aid for Startups

Fire Up America’s Jobs Factory With Aid for Startups. Edward Glaeser, March 26, 2012, Paper. “Politicians, even those who vilify corporate America, inevitably laud small businesses. They are right to appreciate the enormous role that entrepreneurship plays in the U.S. economy, but it’s not clear how much public policy can do to conjure up entrepreneurs. Last week, with broad support, the Senate passed an amended version of the Jumpstart Our Business Startups Act (or the JOBS Act). Because the bill had already been passed by the House on March 8, and is supported by the White House, it seems bound to become law. The act…” Link

Tags: , , ,

Housing Booms and City Centers

Housing Booms and City Centers. Edward Glaeser, Kristina Tobio, Joshua Gottlieb, March 2012, Paper. “Popular discussions often treat the great housing boom of the 1996-2006 period as if it were a national phenomenon with similar impacts across locales, but across metropolitan areas, price growth was dramatically higher in warmer, less educated cities with less initial density and higher initial housing values. Within metropolitan areas, price growth was faster in neighborhoods closer to the city center. The centralization of price growth during the boom was particularly dramatic in those metropolitan areas where income is higher away from the…” Link

Tags: , , ,

The End of the Segregated Century: Racial Separation in America’s Neighborhoods, 1890-2010

The End of the Segregated Century: Racial Separation in America’s Neighborhoods, 1890-2010. Edward Glaeser, January 2012, Paper. “Over the past century, residential segregation in the United States has undergone two radical transformations. The first occurred between 1910 and 1960, as African-American migration to cities met with white hostility and produced massive ghettos in almost every major city. The second transformation is still ongoing, according to recently released data from the 2010 census. Segregation has declined steadily from its mid-century peak, with significant drops in every decade since 1970. As of…” Link

Tags: ,

The Challenge of Urban Policy

The Challenge of Urban Policy. Edward Glaeser, November 1, 2011, Paper. “Urbanization almost invariably accompanies development, and the cities of India and China are experiencing spectacular increases in population. The concentration of millions of people in a small mass creates challenges for public policy, especially in the areas of basic infrastructure, public health, traffic congestion, and often law enforcement as well. In this essay, I discuss five core debates in urban policy, including the optimal degree of federalism, private versus public provision of urban services, optimal land use…” (May require purchase or user account) Link

Tags: , , ,

The Only Way is Up

The Only Way is Up. Edward Glaeser, September 21, 2011, Paper. “An economist explains the liberal principles which shape his perspective on architecture and the future of cities. Economists have no interest in aesthetics but recognise the accommodation of diverse tastes as an important aspect of freedom. Excessive historic preservation and barriers to building upwards are often unnecessary constraints on freedom. The economic and environmental case for building denser, higher cities depends ultimately on the architect’s freedom to take risks. Economists and architects have complementary, not competing, sets of skills…” Link

Tags: , ,

Unleash the Entrepreneurs: Bad Policies are Holding Back the Ultimate Job Creators

Unleash the Entrepreneurs: Bad Policies are Holding Back the Ultimate Job Creators. Edward Glaeser, September 2011, Paper. “Three years have passed since the financial crisis of 2008, and unemployment rates remain painfully high. As of August 2011, America employed 6.6 million fewer workers than it did four years earlier. To try to fix the problem, the Obama administration has pursued a variety of Keynesian measures — above all, the huge stimulus package of 2009, which included not only direct government spending but also such features as tax credits for home buyers and temporary tax cuts for most Americans…” Link

Tags: , , ,

Cities: Engines of Innovation

Cities: Engines of Innovation. Edward Glaeser, September 2011, Paper. “Glaeser discusses the innovations that are happening in the cities. Cities bring opportunities for wealth and for the creative inspiration that can result only from face-to-face contact with others. In fact, the crush of people living in close quarters fosters the kind of collaborative creativity that has produced some of humanity’s best ideas, including the industrial revolution and the digital age. In the years ahead such collaborations can be expected to help solve the world’s most pressing problems-poverty, energy shortages, climate change-and…” (May require purchase or user account) Link

Tags: ,

Brains Over Buildings

Brains Over Buildings. Edward Glaeser, September 2011, Paper. “Detroit once had 1.85 million inhabitants. Now it has fewer than 740,000. Cleveland and St. Louis, too, are half the size they were in 1950. Across the Atlantic, Liverpool and Leipzig are also dramatically smaller. When so many cities are booming, why are some trapped in decline? Cities naturally rise and fall as technologies change. Detroit and the other cities of the Great Lakes established themselves as agricultural transport hubs before the Civil War. Afterward, they enjoyed a second growth spurt when American industry settled along waterways…” May require purchase or user account. Link

Tags: ,

New Land of Opportunity

New Land of Opportunity. Edward Glaeser, April 20, 2011, Paper. “Mumbai’s Dharavi slum is the most entrepreneurial place I’ve ever been. In one dark room–open to the street–there are two men recycling boxes by turning them inside out and re-stapling them. Across the dusty street, six women work together sorting great bins of plastic products for recycling. A few doorways down two men are maniacally sewing brassieres, just like on Manhattan’s Lower East Side in 1905. A little ways off craftspeople are painting and firing intricately designed ceramics. The UN estimates that 828 million people, which is about 12% of humanity, live in slums…” Link

Tags: , ,