Alex Tabarrok on Private Cities

Alex Tabarrok talks to host Russ Roberts about a recent paper he co-authored with Shruti Rajagopalan on Gurgaon, a city in India that until recently had little or no municipal government. They discuss the successes and failures of this private city, the tendency to romanticize the outcomes of market and government action, and the potential for private cities to meet growing demand for urban living in India and China.