PPD 227 Lecture Notes - Lecture 21: Consumption Smoothing
8 Sep 2016
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11/2/15: cities, economic growth, los angeles (peter gordon) We"re eager to do better and they need to listen and adjust to feedback. Jane jacobs quote: everyone has a plan and those plans are interacting and the end of the day you get an intricate order that you see in the building industry. Solly angel and alejandro blei: cities evolve from the actions of the citizens. Cluster without proximity, many densities: clusters, networks agglomeration, density, new networking capabilities -> Can tell judgments, can establish trust in person, need that trust in business and personal life, Chances of serendipitous aha moments greater when there are interaction opportunities: new network connections (combinations) in your brain . Cities, agglomeration, networks: mot us labor and, increasing returns, agglomeration economies. Supply chains and networks: supply chains for products formed after the underlying ideas have been formed- and production plans have been formulated; supply chains for ideas are essential.
