Romer on Charter Cities

Paul Romer talks with host Russ Roberts about charter cities, Romer's idea for helping the poorest of the poor around the world. He envisions a city where rules about property, safety, contract, etc. allow individuals to flourish in an urban setting in contrast to the cities they live in now. Charter cities would be havens for the world's poor and could be created on uninhabited land in either rich or poor countries. This concept raises many difficult practical questions--some of them are discussed here along with how Romer came to be interested in creating the concept and how he hopes to bring it to reality.

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