This was a good piece. 🙂 Couple questions: how endangered are city governments’ social and infrastructure spending? Given that it’s generally well to do folks moving out, will we see cities in financial crisis? You mention the possibility in the opening, however, I would like to know if any cities are actually in a budget shortfall, excluding any unusual government aid.
I also read the report, the case for remote work. He has some very good points, especially in declining knowledge spillovers. I am suspicious about how he represented the research on the productivity effects of work from home - it seemed to me that he was overly optimistic, because the studies were pretty clearly showing that the effects were negative, and moreover plagued with endogeneity problems, as well as serious questions of cross sector applicability.
Anyway though, this was an auspicious start to your blog. Best of luck with the future!
This was a good piece. 🙂 Couple questions: how endangered are city governments’ social and infrastructure spending? Given that it’s generally well to do folks moving out, will we see cities in financial crisis? You mention the possibility in the opening, however, I would like to know if any cities are actually in a budget shortfall, excluding any unusual government aid.
I also read the report, the case for remote work. He has some very good points, especially in declining knowledge spillovers. I am suspicious about how he represented the research on the productivity effects of work from home - it seemed to me that he was overly optimistic, because the studies were pretty clearly showing that the effects were negative, and moreover plagued with endogeneity problems, as well as serious questions of cross sector applicability.
Anyway though, this was an auspicious start to your blog. Best of luck with the future!