The Sunday Diigo Links Post (weekly)

September 11, 2011 at 2:30 am | In links | Comments Off on The Sunday Diigo Links Post (weekly)
  • Jane Jacobs wrote about this decades ago, but it still applies:
    QUOTE
    This insurance function is important. It reduces the risks associated with specialization and therefore encourages more of it. By allowing workers to focus on tasks at which they’re relatively better than others, specialization helps drive economic growth. It’s also an engine of innovation. As workers focus on a specific task, they may well find better ways to do it. They might better schedule their days or invent something entirely new — software code written to expedite repeated tasks, or a machine that automates portions of a task. Of course, existing companies can be resistant to innovation. Dense cities, by acting as a source of insurance, enable workers with good ideas to take risks and start new businesses. If these workers fail, they have a good chance of finding employment elsewhere in the city. And if they succeed, the task of staffing the company is made easier by the existing pool of talent, and odds are good that customers and suppliers are close to hand, as well. Big cities provide a climate in which innovation can flourish, and in which innovators have the resources they need to exploit new ideas.
    UNQUOTE

    tags: ryan_avent cities density nyt

Posted from Diigo. The rest of my favorite links are here.

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