Comment by panick21_
3 days ago
There are well known netowrk effects, that happen when economists study cities. You can just have each individual bank pick some random small town and set up an office there.
That said, I do agree that some amount of distribution of infrastructure spending makes a lot of sense. But even if you did that, New York itself could raise enough taxes to make its own infrastructure without having to tax the rest of the nation.
But I would say the US has done this reasonably well, NY is nowhere as dominatie any many other places. You have Boston with universities and medical, Valley, LA areospace/media, DC government and so on and so on.
But economics is pretty clear, hubs are good, getting a place with lots of experts togheter improves efficency for everybody. And getting enough people together that proper infrastructure pays for itself is also good.
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