Podcast appearances and mentions of ed glaeser

Even with a new rat czar, an arsenal of poisons, and a fleet of new garbage trucks, it won't be easy — because, at root, the enemy is us. (Part two of a three-part series, “Sympathy for the Rat.”) SOURCES:Kathy Corradi, director of rodent mitigation for New York City.Robert Corrigan, urban rodentologist and pest consultant for New York City.Ed Glaeser, professor of economics at Harvard University.Robert Sullivan, author of Rats: Observations on the History and Habitat of the City's Most Unwanted Inhabitant.Jessica Tisch, New York City police commissioner. RESOURCES:"Increasing rat numbers in cities are linked to climate warming, urbanization, and human population," by Jonathan Richardson, Elizabeth McCoy, Nicholas Parlavecchio, Ryan Szykowny, Eli Beech-Brown, Jan Buijs, Jacqueline Buckley, Robert Corrigan, Federico Costa, Ray Delaney, Rachel Denny, Leah Helms, Wade Lee, Maureen Murray, Claudia Riegel, Fabio Souza, John Ulrich, Adena Why, and Yasushi Kiyokawa (Science Advances, 2025)."The Next Frontier in New York's War on Rats: Birth Control," by Emma Fitzsimmons (New York Times, 2024)."The Absurd Problem of New York City Trash," by Emily Badger and Larry Buchanan (New York Times, 2024)."Mourning Flaco, the Owl Who Escaped," by Naaman Zhou (The New Yorker, 2024).Rats: Observations on the History & Habitat of the City's Most Unwanted Inhabitants, by Robert Sullivan (2005). EXTRAS:"The Downside of Disgust," by Freakonomics Radio (2021)

New York City's mayor calls them “public enemy number one.” History books say they caused the Black Death — although recent scientific evidence disputes that claim. So is the rat a scapegoat? And what does our rat hatred say about us? (Part one of a three-part series.) SOURCES:Bethany Brookshire, author of Pests: How Humans Create Animal Villains.Kathy Corradi, director of rodent mitigation for New York City.Ed Glaeser, professor of economics at Harvard University.Nils Stenseth, professor of ecology and evolution at the University of Oslo. RESOURCES:"On Patrol With the Rat Czar," by Mark Chiusano (Intelligencer, 2024)."How Rats Took Over North America," by Allison Parshall (Scientific American, 2024)."Where Are the Rats in New York City," by Matt Yan (New York Times, 2024)."Pests: How Humans Create Animal Villains" by Bethany Brookshire (2023)."Human ectoparasites and the spread of plague in Europe during the Second Pandemic," by Nils Stenseth, Katharine Dean, Fabienne Krauer, Lars Walløe, Ole Christian Lingjærde, Barbara Bramanti, and Boris Schmid (Proceedings of the National Academy of Sciences, 2018). EXTRAS:"Freakonomics Radio Live: 'Jesus Could Have Been a Pigeon.'" by Freakonomics Radio (2018).

The Harvard urban economist assesses the post-Covid health of cities, rural development, zoning and the stagnation of the U.S. housing industry, the impact of AI, and more.  

Ed Glaeser is a Professor of Economics at Harvard and the author of Triumph of the City. I want to learn from Ed what the key issues are for rebuilding of the Pacific Palisades. How long will it take to for the victims of the fires to move in? What the implications are for permitting and zoning, and should the residents opt for a major redesign of the entire city by increasing density. Get full access to What Happens Next in 6 Minutes with Larry Bernstein at www.whathappensnextin6minutes.com/subscribe

If you go to the IGC web site, you will discover the BREAD-IGC virtual PhD-level course in economics. The topic for 2024 is urbanisation and the economics of cities in low and middle-income countries. Ed Glaeser and Diego Puga gave the first talk, about the dynamic city. They talk to Tim Phillips about what attracts people to cities, how those cities constantly change and adapt to the needs of those new arrivals, and the urgent need for research into how cities grow and change outside high- income countries. Read the full show notes on VoxDev: https://voxdev.org/topic/migration-urbanisation/role-cities-economic-development

In this episode of City Talks Andrew Carter, Chief Executive of Centre for Cities, is joined by Ed Glaeser, Professor of Economics at Harvard University, to discuss the findings of Centre for Cities' recent report on hybrid working in London, Paris, New York, Sydney, Toronto and Singapore.   Ed Glaeser has written several books on the role of cities in creating prosperity over the last two decades – including The Triumph of the City in 2008. In this podcast, Ed and Andrew consider the future of cities as places of work, consumption, and economic activity.

A new proposal from the Biden administration calls for a nationwide cap on rent increases. Economists think that's a terrible idea. We revisit a 2019 episode to hear why. SOURCES:Tommy Andersson, professor of economics at Lund University.Vicki Been, professor of law at New York University and former deputy mayor for housing and economic development in New York City.Rebecca Diamond, professor of economics at Stanford Graduate School of Business.David Eisenbach, history lecturer at the Manhattan School of Music and Columbia University.Ed Glaeser, professor of economics at Harvard University. RESOURCES:"The State of the Nation's Housing 2024," by the Joint Center for Housing Studies of Harvard University (2024).“The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco,” by Rebecca Diamond, Tim McQuade, and Franklin Qian (American Economic Review, 2019).“Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge, Massachusetts,” by David H. Autor, Christopher J. Palmer, and Parang A. Pathak (Journal of Political Economy, 2014).“An Econometric Analysis of Rent Control,” by Edgar O. Olsen (Journal of Political Economy, 1972).Roofs or Ceilings?: The Current Housing Problem, by Milton Friedman and George J. Stigler (1946).

Welcome to this week's episode of the Mixtape with Scott where I get to interview Bruce Sacerdote, the Richard S. Braddock 1963 Professor in Economics at Dartmouth. Bruce is a prolific labor economist whose work spans the range of crime, education and peer effects. Some of his papers have been some of my favorite, even. His early work on crime with Ed Glaeser used to really interest me. But it was his work on peer effects that I found really fascinating. This old paper in the QJE about how friendships form I must have read almost 20 years and it still sticks in my head. I think Bruce, though, was one of the first people that I ever encountered after graduating that was very clearly part of this credibility revolution. His papers, if it used instruments, typically would use lotteries as instruments. Or if he was studying peer effects, it was lotteries. Well, not surprisingly, Bruce was there at Harvard as a PhD student in the first class that Imbens co-taught with Don Rubin on causal inference. His classmates in that class were Rajeev Dehejia and Sadek Wahba, authors of classic applied papers on the propensity score. In fact, Bruce's own project for that class was also published — a paper estimating the causal effect of winning lottery prizes on labor market outcomes (published in the 2001 AER). So this was fun, and I hope you enjoy it too. Apologies I ramble for so long at the start. Not sure what got into me.Scott's Substack is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Get full access to Scott's Substack at causalinf.substack.com/subscribe

Every headline suggest that our cities are in serious trouble. How will that impact real estate investors, what can be done about it, and what is the future of our cities? https://www.afire.org/podcast/202310cast/ In a recent op-ed for the New York Times, Ed Glaeser—the Fred & Eleanor Glimp Professor of Economics and Chair of the Department of Economics at Harvard University—wrote of the future of New York following the pandemic, stating: “The economic future of the city that never sleeps depends on embracing this shift from vocation to recreation and ensuring that New Yorkers with a wide range of talents want to spend their nights downtown, even if they are spending their days on Zoom. We are witnessing the dawn of a new kind of urban area: the Playground City.” Glaeser, the author of New York Times best-selling books Triumph of the City and Survival of the City, recently down with AFIRE Podcast host Gunnar Branson to discuss how the state of cities in America has changed dramatically and what leaders need to do now to face and overcome the challenges of today.

In this episode professor and economist Edward Glaeser answers questions sourced from city leaders at Data-Smart's recent Project on Municipal event, which gathered chiefs of staff and deputy mayors from 30 of the largest US cities. Listen to him talk about how cities can utilize their comparative advantages, why mayors must focus on schools rather than attracting "white whales," and how to attract and cultivate a strong city hall workforce. And be sure to read the transcript of Glaeser's full talk here.  Music credit: Summer-Man by KetsaAbout Data-Smart City SolutionsHoused at the Bloomberg Center for Cities at Harvard University, we work to catalyze the adoption of data projects on the local government level by serving as a central resource for cities interested in this emerging field. We highlight best practices, top innovators, and promising case studies while also connecting leading industry, academic, and government officials. Our research focus is the intersection of government and data, ranging from open data and predictive analytics to civic engagement technology. To learn more visit us online and follow us on Twitter. 

Want a thriving city? Build. So says Harvard urban economist Ed Glaeser, who talks about why cities remain a magnet for talent and how they can improve affordability.

One of the foremost authorities on cities sat down with us for an engaging look at the future of urban areas in this episode of Seattle City Makers. Award-winning Harvard professor, author and economist Ed Glaeser was recently in town for DSA's annual State of Downtown event. He and Jon discussed Ed's planned keynote remarks, the resiliency of cities, how to bring vibrancy back to our urban cores, making downtowns more equitable and more. Join us for Seattle City Makers with Jon Scholes and guest Ed Glaeser.

No other issue has greater potential for common ground than America's housing affordability crisis. Progressives and conservatives alike agree that for far too many Americans there is a critical shortage of available homes.Since COVID erupted in 2020 the costs of apartment rentals and homes to buy have soared. According to the real estate firm Zillow, average U.S. home prices doubled in the past decade. In recent months mortgage rates went up to levels not seen in nearly two decades. With the growing possibility of a recession in the near future, there is no shortage of pessimism in the housing market today.We discuss solutions to the housing mess with Harvard University economist Ed Glaeser, author of "Rethinking Federal Housing Policy: How to Make Housing Plentiful and Affordable", "Survival of the City: Living and Thriving in an Age of Isolation" and many other books. Among the topics raised: The role played by zoning and environmental regulations in limiting homebuilding, Long-standing local resistance to new housing, The potential for pre-fabricated building to sharply reduce the cost of construction, Why giant companies face far few hurdles to business growth than many small neighborhood firms, and recent moves by some urban politicians on the left to support plans by developers to build new homes, even if much of it is neither subsidized nor fully affordable. "The whole COVID era has been a spectacular time for housing price increases," Glaeser tells us. The shortage of homes for sale is one reason. So is rising demand for additional space as millions more people work from home. Another cause is "the longer-term dysfunction of our housing markets in failing to produce enough supply."Recommendation: Jim is reading "How The World Really Works" by Canadian professor Vaclav Smil, author of more than forty books on topics including energy, environmental and population change, food production and nutrition, technical innovation, and public policy.A special thank you to The Manhattan Institute and Director of Marketing Aaron Ricks for help with producing and recording this episode. Hosted on Acast. See acast.com/privacy for more information.

Why do great cities rise and fall? Why have cities been pivotal to the dynamism and growth of America's economy? What are the threats cities face today—and what can we learn from history about how best to help our cities thrive? To discuss these questions, we are joined by Ed Glaeser, chairman of the Department of Economics at Harvard University, senior fellow at the Manhattan Institute, and one of the world's leading experts on the economics and politics of cities. Glaeser explains that cities benefit from and encourage the human desire for proximity to one another, which can lead to new ideas, the transmission of discoveries, and entrepreneurship. But cities also are vulnerable to stagnation and decline, particularly when entrenched interests engage in "rent-seeking”— policies that keep newcomers down or out. Glaeser notes that we should avoid the temptation to develop a rigid set of policy prescriptions for every city, or to believe we know precisely how to plan cities or neighborhoods. Rather, he argues, we should favor policies that encourage innovation and development, and do not restrict the opportunity for people to cluster in the urban areas they choose.

Why do great cities rise and fall? Why have cities been pivotal to the dynamism and growth of America's economy? What are the threats cities face today—and what can we learn from history about how best to help our cities thrive? To discuss these questions, we are joined by Ed Glaeser, chairman of the Department of Economics at Harvard University, senior fellow at the Manhattan Institute, and one of the world's leading experts on the economics and politics of cities. Glaeser explains that cities benefit from and encourage the human desire for proximity to one another, which can lead to new ideas, the transmission of discoveries, and entrepreneurship. But cities also are vulnerable to stagnation and decline, particularly when entrenched interests engage in "rent-seeking”— policies that keep newcomers down or out. Glaeser notes that we should avoid the temptation to develop a rigid set of policy prescriptions for every city, or to believe we know precisely how to plan cities or neighborhoods. Rather, he argues, we should favor policies that encourage innovation and development, and do not restrict the opportunity for people to cluster in the urban areas they choose.

The world's first cities sprung up around 6,000 years ago in ancient Mesopotamia. Since then, many men and women have influenced their planning and design. William Penn believed a grid of wide streets with intersecting right angles would help prevent overcrowding, fire and disease. Norman Bel Geddes and Robert Moses imagined and planned cities shaped by cars. Jane Jacobs championed walkable, community-centered cities. Now, countries like India are planning to build hundreds of smart cities where sensors gather all kinds of data. As cities endure ups and downs, growth and change, what can we expect from their design and what have we learned by the urban planning movements of the past? Join host Walter Isaacson and guests as they map the past, present and future of the urban centers so many people call home. Featuring Ed Glaeser, Emily Talen, Andres Duany, Jeff Speck and Anthony Townsend. For more on the podcast go to delltechnologies.com/trailblazers/

Today's guest is Ed Glaeser, a Professor of Economics at Harvard University, and he joins us to talk about urbanization and urban planning. Ed has written, or co-authored several books, including The Triumph of The City, and more recently, Survival of the City: Living and Thriving in an Age of Isolation, published this year with David Cutler. Our conversation begins on the subject of the rapid urbanization of parts of the developing world such as India and Sub-Saharan Africa. We explore what lessons can be learned in this regard from the urbanization of Latin America in the 1960s. Our exchange moves to touch on ways of urbanizing without industrialization or via services rather than manufacturing. Shifting onto the topic of urban governance, we hear Ed's thoughts on the 15-minute city concept, how to overcome political constraints to construction such as vetocracy, and how to push back against cars when they stand as status symbols to the newly rich. We also get into why the schools in big US cities are failing and how to deal with the rising carbon emissions that come as developing countries urbanize. We then talk about COVID-related challenges to productivity and the supply chain, before wrapping up on the subject of whether charter cities are a way of experimenting with pro-entrepreneurship institutions. Key Points From This Episode: •   The lessons to be learned from Latin America's urbanization regarding transport and more. •   Countries that have become urbanized without being industrialized. •   The connection between urbanization and moving out of poverty. •   Perspectives on manufacturing versus service-led paths toward transformation. •   Whether there is a distinction between urban migrants who arrive due to ‘pull' versus ‘push' factors. •   Ed's thoughts on whether secondary cities can be as productive as primary ones. •   The contrast between entrepreneurship and poor living conditions in Mumbai's Dharavi slum. •   Under which conditions private provision (PPP) works best and worst. •   What we can learn from large urban infrastructure projects built in the 1970s. •   Whether there are examples of cities that are good at combatting vetocracy. •   The leaders behind cities that have experienced massive urbanization. •   Why Ed thinks the 15-minute city is a dead-end concept but agrees with some aspects of it. •   How to push back against environmentally damaging status symbols for the newly rich as a planner. •   The factors that contribute to suburbanization and whether China is headed that way. •   How to deal with the rising carbon emissions that come as developing countries urbanize. •   Why large cities in the US are failing on the schooling front and Ed's thoughts on a solution. •   Ed's thoughts on a land-grant university model in developing countries. •   How to grapple with current COVID-related supply chain challenges. •   Productivity after social distancing in light of the connection between density and productivity. •   Why London and New York are still the only truly global cities. •   Whether charter cities are a way of experimenting with pro-entrepreneurship institutions.   Links Mentioned in Today's Episode: https://scholar.harvard.edu/glaeser/home (Ed Glaeser) https://www.nber.org/ (National Bureau of Economic Research) https://www.amazon.com/Triumph-City-Greatest-Invention-Healthier/dp/0143120549 (Triumph of The City) https://www.amazon.com/Survival-City-Living-Thriving-Isolation-ebook/dp/B08V896ZD6 (Survival of the City: Living and Thriving in an Age of Isolation) https://scholar.harvard.edu/cutler/home (David Cutler)... Support this podcast

We're back with more state, local, and urban issues -- maybe Sam has become a full convert! In this week's episode, we're joined by renowned urban economist Edward Glaeser, the Fred and Eleanor Glimp Professor of Economics and the Chairman of the Department of Economics at Harvard University. We begin by discussing The Survival of the City, Professor Glaeser's new book written with David Cutler. In just over half an hour, we get through several topics. How will cities adapt to pandemics, will work-from-home continue as it currently exists, and will insider groups continue to dominate local politics? What does the future of work look like in cities; will we ever approach the post-work urban future that Keynes described? Beyond exploring these questions, we also discuss how cities can and should think about race and inequality, both through administration and legislation. All of this and more in less time than it takes to commute on most U.S. subways (and find out why that is while you're listening)! Referenced Readings: Ken Auletta, The streets were paved with gold, (1980). Eric Bosio, Simeon Djankov, Edward Glaeser, & Andrei Shleifer, “Public Procurement in Law and Practice,” NBER Working Paper, (2020) Leah Brooks & Zachary Liscow, “Infrastructure Costs,” (2020) Edward Glaeser, Triumph of the City (2012). Edward Glaeser & David Cutler, Survival of the City (2021). Edward Glaeser & Andrei Shleifer, “The Curley Effect: The Economics of Shaping the Electorate,” The Journal of Law, Economics and Organization, (2005). Tracy Gordon & David Schleicher, “High costs may explain crumbling support for US infrastructure,” Urban Wire (2015). John Maynard Keynes, “Economic Possibilities for Our Grandchildren,” (1930).

Ed Glaeser joins Brian Anderson to discuss how cities can overcome Covid, remote work, crime, and misgovernance. Glaeser's new book, Survival of the City: Living and Thriving in an Age of Isolation, is out now. Find the transcript of this conversation and more at City Journal.

Ed Glaeser joins Brian Anderson to discuss how cities can overcome Covid, remote work, crime, and misgovernance. Glaeser's new book, Survival of the City: Living and Thriving in an Age of Isolation, is out now.

Cities in developing economies can still learn a lot from our urban past, Ed Glaeser tells Tim Phillips. For thousands of years ancient cities have been coping with migration, transport, disease, new technology and land rights -- precisely the challenges that face fast-expanding new cities today.

What will the American city look like one generation from now? While cities have always been hubs of opportunity, urban landscapes have faced an onslaught of difficulties in recent years. Soaring costs of living, the economic downturn of a global pandemic, and a recent uptick in violent crime are straining America's urban engines of productivity. And trends toward remote work have some wondering whether cities are over. What can cities do to meet these challenges? And how can we prepare for the next pandemic? To answer these questions and more, I'm joined by Edward Glaeser. Ed is the Chairman of the Department of Economics at Harvard University and co-author with David Cutler of https://www.amazon.com/Survival-City-Living-Thriving-Isolation-ebook/dp/B08V896ZD6/ (Survival of the City: Living and Thriving in an Age of Isolation), released this week.

What will the American city look like one generation from now? While cities have always been hubs of opportunity, urban landscapes have faced an onslaught of difficulties in recent years. Soaring costs of living, the economic downturn of a global pandemic, and a recent uptick in violent crime are straining America's urban engines of productivity. […]

With remote work becoming more common and cities competing for businesses it's become easier than ever before for educated Americans to relocate, leaving cities more vulnerable than they've ever been. In their new book, Survival of the City: Living and Thriving in an Age of Isolation, economists David Cutler and Ed Glaeser examine the factors that will allow some cities to succeed despite these challenges, while others fail.  They joined Tyler for a special joint episode to discuss why healthcare outcomes are so correlated with education, whether the health value of Google is positive or negative, why hospital price transparency is so difficult to achieve, how insurance coding systems reimburse sickness over health improvement, why the U.S. quit smoking before Europe, the best place in America to get sick, the risks that come from over-treatment, the possible upsides of more businesses moving out of cities, whether productivity gains from remote work will remain high, why the older parts of cities always seem to be more beautiful, whether urban schools will ever improve, why we shouldn't view Rio de Janeiro's favelas as a failure, how 19th century fights to deal with contagious diseases became a turning point for governance, Miami's prospects as the next tech hub, what David and Ed disagree on, and more. Visit our website: https://conversationswithtyler.com Email: cowenconvos@mercatus.gmu.edu Follow us on Twitter: https://twitter.com/cowenconvos Follow us on Instagram: https://instagram.com/cowenconvos/ Follow Tyler on Twitter: https://twitter.com/tylercowen Follow David on Twitter: https://twitter.com/Cutler_econ  Like us on Facebook: https://facebook.com/cowenconvos Subscribe to our Newsletter: https://go.mercatus.org/l/278272/2017-09-19/g4ms Thumbnail photo credit: Briana Moore

What will the American city look like one generation from now? While cities have always been hubs of opportunity, urban landscapes have faced an onslaught of difficulties in recent years. Soaring costs of living, the economic downturn of a global pandemic, and a recent uptick in violent crime are straining America's urban engines of productivity. And trends toward remote work have some wondering whether cities are over. What can cities do to meet these challenges? And how can we prepare for the next pandemic? To answer these questions and more, I'm joined by Edward Glaeser. Ed is the Chairman of the Department of Economics at Harvard University and co-author with David Cutler of Survival of the City: Living and Thriving in an Age of Isolation, released this week.

Is there an infrastructure crisis in America? Would we really need $1.5 trillion in new spending to solve it? Dr. Ed Glaeser joins us to break down the good, the bad, and the ugly of the new infrastructure bill, and help debunk the magical thinking among Democrats that if we just spend massive amounts of money on rail lines, we'll revitalize stagnant economies. Ed Glaeser is a senior fellow at the Manhattan Institute, a contributing editor of City Journal, and the Fred and Eleanor Glimp Professor of Economics at Harvard University, where he has taught since 1992. He regularly teaches microeconomic theory and, occasionally, urban and public economics. Glaeser's research focuses on the determinants of city growth and the role of cities as centers of idea transmission. He has published dozens of papers on cities, economic growth, and law and economics. Glaeser is the author of Cities, Agglomeration, and Spatial Equilibrium (2008); Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier (2012); and coauthor of Rethinking Federal Housing Policy: How to Make Housing Plentiful and Affordable (2008). He holds a Ph.D. from the University of Chicago.

Rivaling even the death toll of COVID-19, opioid abuse has wreaked havoc in countless American communities. Some have suggested that these deaths are the result of an economy that left Americans behind and feeling trapped. In their desperation, they reached to oxycontin and fentanyl to cope with the insecurity of a global economy. But is this the full story? My guest today is Ed Glaeser, whose analysis offers a different account. Ed is the Chairman of the Department of Economics at Harvard University and co-author with David Cutler of "https://www.nber.org/papers/w28873 (When Innovation Goes Wrong: Technological Regress and the Opioid Epidemic.)"

Rivaling even the death toll of COVID-19, opioid abuse has wreaked havoc in countless American communities. Some have suggested that these deaths are the result of an economy that left Americans behind and feeling trapped. In their desperation, they reached to oxycontin and fentanyl to cope with the insecurity of a global economy. But is this the full story? My guest today is Ed Glaeser, whose analysis offers a different account. Ed is the Chairman of the Department of Economics at Harvard University and co-author with David Cutler of “When Innovation Goes Wrong: Technological Regress and the Opioid Epidemic.“

Rivaling even the death toll of COVID-19, opioid abuse has wreaked havoc in countless American communities. Some have suggested that these deaths are the result of an economy that left Americans behind and feeling trapped. In their desperation, they reached to oxycontin and fentanyl to cope with the insecurity of a global economy. But is […]

Harvard economics professor Ed Glaeser is one of the foremost thinkers about the role played by cities. His 2011 book "The Triumph of the City" lays out all the ways cities have been central drivers of human civilization and innovation. Could the pandemic lead to a long-term repositioning of their role? Yes and no, he says on this episode of The Codcast.

Ed Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard University. Show notes Selected links Follow Ed: Website 'A Nation Of Gamblers: Real Estate Speculation And American History', 2013 Ely Lecture by Ed Glaeser One Hundred Years Of Land Values In Chicago, by Homer Hoyt The Land Boomers, by Michael Cannon '25 years of housing trends' report by Aussie Home Loans Topics discussed A potted history of real estate speculation in the United States. 8:51 How would Ed describe the Great Convulsion of the 2000s to an alien observer? 13:40 Why is real estate well-suited to being a speculative asset? 16:04 If speculators aren't crazy, what are they? 17:00 Was the Great Convulsion primarily driven by credit availability? 20:44 What would a good Bayesian have thought in response to the 2000s housing market in the US? 22:23 Radical uncertainty and its implications for rationality in the context of housing markets. 24:06 Are extrapolative beliefs rational? 26:22 Are housing bubbles irrational? 29:51

Ed Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard University. Show notes Selected links Follow Ed: Website 'A Nation Of Gamblers: Real Estate Speculation And American History', 2013 Ely Lecture by Ed Glaeser One Hundred Years Of Land Values In Chicago, by Homer Hoyt The Land Boomers, by Michael Cannon '25 years of housing trends' report by Aussie Home Loans Topics discussed A potted history of real estate speculation in the United States. 8:51 How would Ed describe the Great Convulsion of the 2000s to an alien observer? 13:40 Why is real estate well-suited to being a speculative asset? 16:04 If speculators aren't crazy, what are they? 17:00 Was the Great Convulsion primarily driven by credit availability? 20:44 What would a good Bayesian have thought in response to the 2000s housing market in the US? 22:23 Radical uncertainty and its implications for rationality in the context of housing markets. 24:06 Are extrapolative beliefs rational? 26:22 Are housing bubbles irrational? 29:51 See omnystudio.com/listener for privacy information.

Does Zoom mean we all work from home? Will cities bounce back? Will San Francisco and New York fade and smaller cities grow? What problems are the policies causing and can cities reverse downward spirals? How to help unfortunate people who live in cities? Join us for a fast paced discussion with a leader in the field.

Entrepreneurship across the world is highly male dominated. While the amount of subsistence entrepreneurship in developing countries leads to a slightly more equal gender balance, female entrepreneurs in these countries tend to choose sectors where other women are. In this VoxDevTalk, Nava Ashraf and Ed Glaeser discuss their work with Alexia Delfino investigating how gender norms and weak rule of law put female entrepreneurs at a disadvantage. Fear of expropriation by men leads them to work in less profitable industries, such as tailoring or food production, where they can collaborate with other women rather than with men. A survey of the manufacturing sector in Zambia, for example, revealed that almost all of the gap in earnings between male and female entrepreneurs could be explained by female entrepreneurs entering low-paid industries. Relatively equal gender norms that increase women’s bargaining power and decent rule of law for contract enforcement can encourage more women to become entrepreneurs and to branch out to more profitable industries.

By 2050, the world’s urban population is estimated to reach nearly seven billion, driven mainly by urbanisation in developing countries. Despite this growth, development economists have often chosen to focus on rural areas. In this VoxDevTalk, Ed Glaeser discusses a new paper that brings together research into urbanisation in the developing world. He argues that policymakers should not try to slow migration into cities, given the benefits of urbanisation that existing research has shown. These benefits include higher productivity and wages over the long-term.     

Ed Glaeser, economics professor at Harvard University, talks to us about the housing crisis and the advantages brought on by urban life. 

The Real Estate Addicts are thrilled to be joined by Ed Glaeser, Professor of Economics at Harvard University and author of the compelling and provocative book Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier. In this episode we explore why change is unlikely to be as terrifying as people have convinced themselves it’s likely to be, why unleashing private developers and allowing real growth promotes affordability (hint: “There is no repealing the laws of supply and demand!”). We touch on the notion of “landmarks” and Ed explains why “History shouldn’t be a straight jacket”. Other topics we touch on include, public transit, regulatory creep, we compare Detroit to Silicon Valley, Congestion pricing and finally we answer the question, how are good cities like good libraries? Thank you for sharing, rating & reviewing & we look forward to your feedback!

Invest Alongside Boston's Top Angels: Link to Our Syndicates Barely two years out of Harvard, founder Ben Pleat of Cobu has owners of premier apartment buildings excited by the community-creating activities that make their properties more desirable places to live. Owners spend heavily on making the physical spaces attractive but are frequently frustrated by tenant turnover that averages 50 per cent per annum.  Cobu helps develop a sense of belonging that increases tenant satisfaction and lowers turnover. Ben’s not doing this alone, he’s recruited an impressive team of colleagues and advisors who share his vision. He tells us the Cobu story in an accessible and engaging manner. Topics include: Introduction Sal intros the show and mentions portfolio company Vedanta Biosciences. Ben Pleat bio. Sal sees the problem Cobu is solving first-hand in his multi-family properties. Ben pitched at Walnut Ventures and Sal found his pitch compelling. Cobu Connecting residents in communities of 300 to 400 hundred residents through shared interests. Using technology for community management with the goal of creating a sense of home. Cobu is starting with large, new buildings that are usually owned by institutions. Cobu is addressing the global problem of isolation, UK just appointed a Minister for Loneliness. Cobu is using technology to create genuine human connections. Creating opportunities for people to meet in authentic, face-to-face, offline ways. Founding Story Ben’s inspiration for founding the company came from professional and personal experiences. Working for institutional owners he saw how putting in granite counter tops, climbing walls and roof decks did not move the needle on high tenant turnover. People move across the street because they lack a sense of belonging. In his personal life, Ben saw how isolated his mother, a highly social person, became when she realized her dream to move to an upscale building in Manhattan’s trendy Greenwich Village. Eventually she found another place to live which was more conducive to her avid need to engage with her neighbors. That someone as outgoing as his mother could become isolated by her choice of housing made Ben realize the massive implications of the problem of creating community in large residential settings. It’s an issue not just for retiring Baby Boomers but also for Gen Z and Millennials. Cobu stands for community building. His mom found community, ironically in a mid-Town building with few common spaces. Team Co-founder Steve McLaughlin has twenty-five years in digital marketing, building online communities for large brands. Melissa Manning, Director of Community has a natural talent for connecting people. Kim Votruba-Matook leads content and brand. Jeff Beir, successful entrepreneur and venture capitalist is an early advisor. Sal’ Portfolio Company Vedanta Biosciences Sal talks about of his favorite portfolio companies, Vedanta Biosciences, a leader in the micro-biome space. The company is in Phase III trials with a treatment for C. difficile as well as in Phase Ib/II trials for a therapy for peanut allergies. This illustrates the kind of company Sal runs into in his investing. He invites accredited investors to consider his syndicates as a way to invest alongside Boston’s leading angels. Cobu’s Go to Market Strategy Cobu is working with major players such National Development and Boston Properties to power communities in their buildings. Go to market is to continue to partner with leading developers in properties with 100+ units which are near a critical mass of retail areas and thus amenable to community building. Also getting inbound leads. Metrics Measuring the results with a Community Index. Four main elements: (1) sense of membership, mutual influence, needs fulfilled by community and shared connection in person. Software does not build community; it helps people build community. LinkedIn as an Example Addressing the value of software in building community, Sal mentions the example of Gillian Isabelle of Enlivity (https://www.angelinvestboston.com/ep-76-gillian-isabelle-enlivity) finding her co-founder on LinkedIn. Podcasts Ben Listens to Masters of Scale with Reid Hoffman How I Built This with Guy Raz Likes the highly produced narrative of How I Built This Sal really values the repeated exposure to different models Business Model Charge building owners a per unit fee, also get revenue from national brands. Avoid one or two turnovers and the owner pays for Cobu for the whole year. Future-proofing buildings Projections Cobu is now in 3,000 units. Expect to be in twenty to twenty-five units by the end of 2020. Finding Your Calling Ben was always fascinated by the energy of cities. His other interest was entrepreneurship inherited from his immigrant mother. Ben and Sal enthuse on Edward Glaeser’s book Triumph of the City. Ed Glaeser is an advisor to Cobu. Ben grew up just outside Queens in New York. Ben’s Parting Thoughts Ben finds Boston a highly supportive place to build a startup. Ben talks about Harvard’s iLab as a great place to build an early-stage company. Ben finds that Boston founders are remarkably ambitious.

Ed Glaeser explains why cities are the best pathway to prosperity and outlines three lessons from over 30 years of economics research on urbanisation. This [VoxDev Talk](https://voxdev.org/topic/infrastructure-urbanisation/building-effective-and-functioning-cities-0) is taken from a video that was previously published on the [IGC's website](https://www.theigc.org/multimedia/ed-glaeser-building-effective-functioning-cities/).

Author, and Economist, Ed Glaeser has a passion for cities and economic growth. Growing up in New York, Glaeser had easy access to what soon became his passion. He has published dozens of papers as well as his book Triumph of the City. Glaeser focuses his energy and time on determinants of city growth and the role of cities as centers of idea transmission. Glaeser is also the Fred and Eleanor Glimp Professor of Economics at Harvard University where he teaches microeconomics theory. (March 16, 2018)

Here's a paradox. While the U.S. unemployment rate is near a 16-year low, the percentage of all American adults in the workforce remains stuck at well below pre-recession levels. Men are much more likely than women to drop out of work. In the 1960's 95% of adult men between 25 and 54 were employed. Today, after 7 years of an improving job market, only 80% are in the workforce. People who don't look for a job are not counted in the official unemployment statistics compiled by the Labor Department.  Harvard University Professor Edward Glaeser says "there's a war on work." Taxation, housing, regulatory and social policies aimed at improving the lives of low income Americans, he says, often remove incentives for people to get a job. We based our episode on the findings and solutions suggested in Ed's article for City Journal-- "The War on Work and How to End It." See acast.com/privacy for privacy and opt-out information.

Eugene Mirman, Ed Glaeser and Amy Glasmeier are panelists. The comedian, the Harvard economist and the MIT professor join us in one of America's oldest urban centers for a show about cities, including ruins, sewage and ghost towns. Mike Maughan is our fact-checker.

Today's guest on Economics Detective Radio is Nolan Gray. Nolan is a writer for Market Urbanism and the host of the recently launched Market Urbanism Podcast. Market urbanism is the synthesis of classical liberal economics and an appreciation for urban life. Market urbanists are interested in economic issues specific to cities, such as housing affordability and urban transportation. Nolan wrote an article titled "Reclaiming 'Redneck' Urbanism: What Urban Planners Can Learn From Trailer Parks." As Nolan points out, trailer parks are remarkable in that they achieve very high densities with just one- and two-story construction. They do so while providing remarkably low rents of between $300 and $500, or $700 to $1,100 per month to live in brand new manufactured homes. They are also interesting in that the park managers provide a form of private governance to their tenants. A century ago, there were many kinds of low-income housing available to people of lesser means. Low-quality apartments, denser housing, and boarding houses have largely been regulated out of existence. The remarkable thing about trailer parks is that they haven't been made illegal or untenable by regulation. The one thing trailer parks don't have is a mixture of uses, but they get around this by locating close to business areas. Cities in Europe and Japan, which didn't adopt American-style zoning, have much higher density and more mixed-use neighbourhoods. Houston, which has taken steps to de-regulate, has seen more development of this sort recently. It seems like dense, mixed-use neighbourhoods pass the market test whenever they are allowed. Sonia Hirt, in her book Zoned in the USA, explains why city planners became focused on separating uses. When these rules were first being adopted, industry polluted much more than it does today, so there was a health justification for separating them. But there were also superstitions, such as the idea that having children close to groceries would spread disease. William Fischel's homevoter hypothesis states that local homeowners engage in political activism to prevent development, thus protecting their home prices. They may justify their opposition to development in terms of environmentalism or preserving local character, but homeowners stand to gain or lose a significant portion of their life savings depending on the price of their homes. This makes local politics particularly hostile to new development and denser, more affordable housing. Meanwhile, people blame everything except land use restrictions for high housing prices. Foreign buyers have been a recent scapegoat in Vancouver, which adopted a tax on foreign buyers, thus popping its housing bubble. Airbnb is also blamed for high housing costs, though its effect is certainly negligible. While housing is important because it is many households' largest expense, inelastic housing supplies prevent people from moving for labour opportunities. Autor, Dorn, and Hanson (2016) show how many local labour markets in America never really recovered from a trade shock with China in the early 2000's. Much of this may have been due to America's inelastic housing supply. When industries like the furniture industry were outcompeted by Chinese imports, the people who owned homes in furniture-producing towns lost both their jobs and the value of their homes. With home prices elsewhere being so high, many of these people chose to spend the rest of their lives on welfare rather than moving to find work. Ed Glaeser has written more on the costs of subsidizing home ownership. Home ownership is a bad investment. Having a single, large asset take up a large part of one's portfolio is just bad investing, particularly when that asset's value is correlated with your labour earnings. While one can hedge one's home value against futures markets based on the Case-Shiller index, but few people do this. Errata: I accidentally referred to The Simpsons character Frank Grimes as Rick Grimes. Rick Grimes is from The Walking Dead. Also, I wrongly said that the paper on the China shock was by Angus Deaton. Somehow I mixed him up with David Autor. Same initials, just reversed? Other Links: Jane Jacobs as Spontaneous Order Theorist with Pierre Desrochers The California exodus to Texas is reflected in market-based, one-way U-Haul truck rental prices

# 238 -- JHK yaks solo this week following another surgical adventure -- neck bones this time -- with spotlight on the George Zimmerman verdict, the rumors of Larry Summers as next Federal Reserve Chair, $106 oil, Elliot Spitzer re-entering politics, and the questioning the dumb ideas of "urban issues" professor Ed Glaeser of Harvard. Back next week with a guest.   The new KunstlerCast music is called “Adam and Ali’s Waltz” from the new recording Waiting to Fly by Mike and Ali Vass.

JHK continues his critique of Ed Glaeser's talk from recent Congress for the New Urbanism (CNU 19) and the ideas presented in his best-selling book Triumph of the City. Sponsor: Orion Magazine.

In the first of many installments to come, Duncan updates James Howard Kunstler on the recent Congress For the New Urbanism, held June 1-6, 2011 in Madison, Wisc. The Congress for the New Urbanism is a professional association of planners, architects, developers, political leaders and activists who are committed to revitalizing cities and curb the continuation of sprawl. During this show, we hear from: Andres Duany, New Urbanist architec; Ed Glaeser, Harvard economist & author; U.S. Rep. Earl Blumenauer, D-OR; Paul Soglin, mayor of Madison, Wisc.; Paul Minett, Ridesharing Institute; Will Allen, Wisconsin farmer and founder of Growing Power; Charles Waldheim, Harvard professor and leader of the Landscape Urbanism movement; and Stefanos Polyzoides, New Urbanist architect. JHK reacts to some short sound bites regarding Landscape Urbanism, skyscraper cities and the development of New Urbanism.

Economist Ed Glaeser of Harvard University talks with host Russ Roberts about the dangers of soft paternalism--various forms of government regulation that fall short of outright bans or taxes but that are meant to correct alleged flaws in the choices we make. Glaeser argues that while individuals do inevitably make mistakes, so do politicians, and the concentration of power in the hands of the few makes government "benevolence" particularly dangerous.

Economist Ed Glaeser of Harvard University talks with host Russ Roberts about the dangers of soft paternalism--various forms of government regulation that fall short of outright bans or taxes but that are meant to correct alleged flaws in the choices we make. Glaeser argues that while individuals do inevitably make mistakes, so do politicians, and the concentration of power in the hands of the few makes government "benevolence" particularly dangerous.