Podcast Recommendation: Econtalk with Alain Bertaud on Cities, Planning, and Order Without Design

This is a great episode of Econtalk. Bertaud uses labour markets as a lens for thinking about cities. Helpful examples of emergent order and the challenges (impossibility?) of planning in complex adaptive systems.

Highlights (coming up) include:

  • Discussion of the importance of culture and context in how cities develop;
  • Bertaud’s explanation of his broader-than-usual understanding of labour markets;
  • When planning and regulation is helpful and when it’s damaging;
  • The trade-offs made by new arrivals in a city (and the danger of planners trying to decide these for them);
  • The way that property markets can turn development costs into opportunities.

Highly recommend.

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