Edward L. Glaeser, a professor of economics at Harvard, recently appeared on NYTimes.com to discuss his new book, "Triumph of the City." While Glaeser argues that education remains a city's best strategy for improving prosperity, he offers a few quick fixes our hometown leaders could take to heart as they continue to attract young, successful new citizens. What should the city of Detroit do immediately? Attract entrepreneurs, and then "get out of the way," Glaeser says.
Excerpt:
... Local restrictions, on everything from
construction to taxicabs, need a good cleaning every few years, and I
would urge every older city to set up a task force charged with making
sure that their town is about the easiest place in the world to open a
new start-up. Better rules don't just empower Detroit's existing
entrepreneurs; they also attract other entrepreneurial people.
Read Professor Glaeser's other suggestions for Detroit
here.
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