In a virtuous circle, migration and innovation make the world go round.
Theme: Innovation geography
Subject Article: "In the age of disruptive innovation, adaptability is what matters most."
Other Links: 1. "Space and the city: Poor land use in the world’s greatest cities carries a huge cost."
Postscript: This post was inspired by the latest paper from Chang-Tai Hsieh and Enrico Moretti, "Why Do Cities Matter? Local Growth and Aggregate Growth." Artificial housing supply constraints are deemed to be a drag on economic output. That assumes lower housing prices would allow more people to live in the most productive places. That is, lower housing prices would beget higher population. Which raises the question, how much do housing prices affect inter-regional migration and population change?