Harvard University economist Edward Glaeser will be in Buffalo on Friday April 18th and will address a forum at the WNED Studios. See - Resurecting Buffalo
for additional details.
fixBuffalo readers may remember Glaeser's work - Can Buffalo Ever Come Back?
- that first appeared last October. If you're interested in Glaseser's work surrounding issues about urban decline, you may want to read his "Urban Decline and Durable Housing"
that was published by the University of Chicago's Journal of Political Economy
in 2005. Here's the abstract:
Urban decline is not the mirror image of growth, and durable housing is the primary reason the nature of decline is so different. This paper presents a model of urban decline with durable housing and verifies these implications of the model: (1) city growth rates are skewed so that cities grow more quickly than they decline; (2) urban decline is highly persistent; (3) positive shocks increase population more than they increase housing prices; (4) negative shocks decrease housing prices more than they decrease population; (5) if housing prices are below construction costs, then the city declines; and (6) the combination of cheap housing and weak labor demand attracts individuals with low levels of human capital to declining cities.
I located a podcast with Glaeser from EconTalk - The Economics of Paternalism
[podcast after link] hosted by George Mason University's Russ Roberts. Interesting and slighly predictable take and discussion on 'behavorial economics' and rational choice theory from a libertarian perspective.
Charlene Janiga at UB's Regional Institute told me earlier this afternoon that the $30 tickets are still available for Friday's event. They're available online
, by calling Charlene at 716-541-1770 or at the door.
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