New Systems Versus Evolution

At a recent talk in London, Chris Blattman asked if a charter city could fail in the same way that public housing failed in Chicago. After the seminar and in his follow up post, we started a discussion of the deeper issue: What kind of dynamics would be desirable in the space of rules? To frame the discussion, it helps to have some vocabulary. A rule set is a large collection of rules that are tightly linked.

~5 minutes

Which City Charter Was Established by Treaty in 1984?

Bob Haywood is the former head of the World Economic Processing Zones Association and the current executive director of the One Earth Future foundation. He wrote in with an interesting example: a recent treaty between two countries that specified the charter for a city. In 1984, China and the UK signed a treaty called the Sino-British Joint Declaration. It specified the charter under which Hong Kong would operate for 50 years after the handover to China in 1997.

~3 minutes

How Many Charter Cities Can Succeed?

A friend wrote in to ask, “Can more than a handful of charter cities succeed?” The best way to answer his question is to pose a slightly different one. “How many big cities can there be?” The first question implicitly presumes a winner-take-all competition where only a few cities survive. The increasing returns associated with successful cities tend to encourage this kind of thinking. Big cities seem to have permanent advantages and some types of economic activity concentrate in just a few places.

~2 minutes

Fish Proverb v2.0 (Continued)

This article in the New York Times summarizes new research on the effects that early human populations had on on the oceans. Sample quote: “Hunter-gatherers with fairly simple technology were actively degrading some marine ecosystems” tens of thousands of years ago. Humans have been remarkably clever at finding new technologies for harvesting large protein packets from the oceans. We have lagged far behind in the discovery and implementation of rules that avoid the most wasteful and inefficient uses of aquatic resources.

~1 minutes

"High Five with Paul Romer" [Forbes]

Excerpt: “OK, it’s one year too late to be part of the 1960s (although a ragged version from 1967 is available on the outtakes DVD from the Monterey Pop festival.) There’s no improvisation. No lead. No discernible influence of jazz, country, bluegrass or blues. But if you play it loud, this song reminds you that in the end, live rock and roll was all about having fun.” Click here to read the full article edited by Courtney Boyd Myers.

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