"Econ 102" with Noah Smith and Erik Torenberg

Post-Trump Reflections: Fixing Blue Cities

50 snips
Nov 13, 2024
Urban development in American cities faces intriguing challenges, especially in blue cities like San Francisco and New York. The discussion dives into historical shifts, policing strategies, and generational perspectives on crime. With changing public attitudes, progressive policies are scrutinized, revealing complexities in urban management. Personal safety and the ongoing homelessness crisis are pivotal themes, as speakers reflect on their experiences and propose policy changes to enhance livability. It's a deep dive into the socio-political dynamics shaping urban life.
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INSIGHT

Creative Class and Urban Revival

  • The rise of knowledge industries and the creative class drew people back to cities.
  • Dating apps and specialized shopping areas further enhanced the appeal of urban living.
ANECDOTE

NYC Crime Drop

  • New York City saw a dramatic drop in murders from 2,245 in 1992 to 230 in 2014.
  • This decrease is attributed to increased policing, including broken windows policing and stop and frisk.
INSIGHT

Fiscal Mistakes

  • Overspending, often on outsourced services, contributed to the decline of blue cities.
  • This was driven by a sense of complacency during the boom years, with the belief that the growth was unstoppable.
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