... and I decided to go. That’s how, the following summer, I came to be on the same cycle trip as PaulRomer. I didn’t know who he was but by the end of the trip found him to be a brilliant, interesting guy who could pedal a bicycle at least as well as me! I was going to post this on my other blog but as many here are involved in urban design – from dwelling to city masterplan - or the...
(ex-Stanford) economist PaulRomer is one of my heros. It all started with the Russ Roberts interview where I was introduced to the “new growth theory” developed by prof. Romer. You must listen to that Econtalk interview “Romer on Growth” (full transcript). You will also want to review the chapter “Economic Growth” in The Concise [...]...
... as important, the presence of movement between creates pressures that speed up change from within. PaulRomer has the “V2.0 brain” that finds simplicity in complex problems. Such as Charter Cities - or “special administrative zones”, an approach which can give the emerging world poor access to the rule sets that provide security, economic opportunity, and improved quality of life....
Peter Day's World of Business podcast is a great way to keep with current trends in business. GlobalBiz: PaulRomer: 20 Oct 09 Peter Day encounters PaulRomer, senior fellow in the Stanford Institute for Economic Policy Research and who, twelve years ago, the news magazine Time named as one of the 25 most influential people in the USA. Producer: Richard Berenger Editor:...
Peter Day encounters PaulRomer, senior fellow in the Stanford Institute for Economic Policy Research and who, twelve years ago, the news magazine Time named as one of the 25 most influential people in the USA. Producer: Richard Berenger Editor: Stephen Chilcott
A must read from PaulRomer . Here's a sample, but the entire thing needs to be read: Most economists think that they are building cranes that suspend important theoretical structures from a base that is firmly grounded in first principles. In fact, they almost always invoke a skyhook, some unexplained result without which the entire structure collapses. Elinor Ostrom won the Nobel Prize...
Lynne Kiesling Wow. PaulRomer’s blog post congratulating Elinor Ostrom for yesterday’s Nobel is dramatic. And, in my view, entirely accurate. I really appreciate his “skyhooks and cranes” invocation: Most economists think that they are building cranes that suspend important theoretical structures from a base that is firmly grounded in first principles. In fact,...
I am terribly late on this issue, but nevertheless… I just read about it a while ago as it was on my pending list for a while. Anyways, PaulRomer ( I am told he is always a prospective Nobel Prize candidate for his work on growth theory) of Stanford University has brought this idea of [...]
PaulRomer responds to questions from Chris Blattman about his proposal to establish charter cities, in particular, how to construct dynamic rule sets that maximize the chance of success: New Systems versus Evolution, by PaulRomer: At a recent talk...
The economist PaulRomer walked away from a tenured position at Stanford to promote his idea of charter cities. He was recently interviewed by Freakonomics Blog: A well-run city lets millions of people come together and enjoy the benefit they...
Indeed! And very well described in this column by Peter Day: What We Talk About When We Talk About Ideas. Peter is discussing a program/podcast featuring economist PaulRomer. {…} Two years ago I wrote an article for a British Sunday paper about the Internet downloading success we have been having with the podcasting [...]
PaulRomer on the impact of the rules change on the Korean peninsula. I’m wondering if a charter city on the Chinese border might offer a way forward for the North Korean peasants - if NOKO did not gun them down when attempting to cross over. As it stands China tolerates NOKO criminality in nukes [...]
By new rules thanks to Britain (posted by PaulRomer). We learned a great deal about Transparency International from our New Zealand neighbor, who then worked at the top of TI. That lead to an appreciation of the benefits to the citizens when their country climbs out of corruption. Hong Kong was a tough case [...]
This economist thinks that PaulRomer 's charter cities are an amazing idea, one that is very likely to speed up the process of eradicating poverty across the planet. I also think that they they will be easier to establish, politically, that perhaps even Romer believes. I may be naive, but I can very easily picture a Nobel-Peace-Prize-winning Obama ceding control of Guantanamo...