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Understanding the economy of a city

Understanding the economy of a city

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Answered (Not Verified) This post has 0 verified answers | 6 Replies | 2 Followers

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musicgold posted on Fri, Jul 3 2009 5:16 AM

Hi,


I often find myself musing about why a particular city is the way it is, from an economic point of view.

Take for example, Minneapolis. I ask myself, what drives the economic engine of this city. Why the people living in the city live there? What creates GDP of this city?

I get more confused when I see some cities without any major industry, but only government offices, schools and collages. Govt. offices and schools can’t be the growth engine of a city.

With that background, what are the aspects I should consider to fully understand why a city is the way it is?

Thanks,

MG.

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Answered (Not Verified) Conza88 replied on Fri, Jul 3 2009 5:46 AM
Suggested by Padishah

How an Economy Grows and Why It Doesn't by Irwin Schiff

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musicgold replied on Tue, Jul 7 2009 11:29 AM

Conza88,

Thanks.

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MatthewWilliam replied on Tue, Jul 7 2009 11:47 AM

Surely the quick answer is: people realise the benefits of the division of labour, and hence try to get as close to each other to help facilitate it.

Austrians do it a priori

Irish Liberty Forum 

 

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Padishah replied on Tue, Jul 7 2009 12:43 PM

Conza88:

That was pure gold. Is this still in print?

 

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AJ replied on Tue, Jul 7 2009 12:46 PM

Peter Schiff says he's revising it to be republished sometime soon.

Think outside the monopoly paradigm. Net-based microsecession | Why anarchy hasn't worked

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Conza88 replied on Tue, Jul 7 2009 12:55 PM

AJ:

Peter Schiff says he's revising it to be republished sometime soon.

Without IP restrictions!

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