Playgrounds of the 1 per cent

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This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

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talks about zoning as class war which restricts housing stock. focuses on NIMBYism but not, notably, on housing being seen as an asset and being allowed to sit empty in many of the cities he mentions (NY and London in particular)


        Avent, R. (2017). Playgrounds of the 1 per cent. In Avent, R. The Wealth of Humans: Work and its Absence in the Twenty-First Century. Penguin Books Ltd, pp. 147-161

153

[...] Big, skilled places are good at making workers more productive. Workers in places like Silicon Valley earn a hefty wage premium over similar workers in other cities, but new arrivals don't get the premium all at once. Instead it builds over time: evidence that the city is contributing to the knowledge and employability of the workers within it.

I mean it's true if you have a very value-neutral definition of the word "productive"? you could also just view it as rent ... or sucking more labour hours out of each worker

—p.153 by Ryan Avent 6 years, 7 months ago

[...] Big, skilled places are good at making workers more productive. Workers in places like Silicon Valley earn a hefty wage premium over similar workers in other cities, but new arrivals don't get the premium all at once. Instead it builds over time: evidence that the city is contributing to the knowledge and employability of the workers within it.

I mean it's true if you have a very value-neutral definition of the word "productive"? you could also just view it as rent ... or sucking more labour hours out of each worker

—p.153 by Ryan Avent 6 years, 7 months ago

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent

The Wealth of Humans: Work and its Absence in the Twenty-First Century
by Ryan Avent