Monday, June 13, 2011

Paul Romer's City Building

I just finished watching a TED talk by Paul Romer, a senior fellow at Stanford University. He believes that every family in the world should have a choice of where to live, where to find a job, where to build a life. Because of the expanding populations in growing economies such as India, or many countries in South and Latin America, cities are flooded with people, and there is always a limit. His idea is to build "charter cities", which are cities in rapidly expanding areas (Honduras is leading the way) that are built on the land of other countries.
In Honduras, the government has donated land to the United States, and are now going about building a city on the land. This is all to help the 1 million people who leave Latin America for the U.S. each year. By finding a job in this new city, they enter the jurisdiction of the United States and gain the potential for a new life. I find his work fascinating, and look forward to seeing what happens in the future for Honduras.

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