Sunday, March 09, 2008
Maybe Ed Glaeser is Correct
by Ken Houghton
There's probably a difference between "bribing people to stay there" and packing the truck for a Hallowe'en exit. But the later hardly sounds as if it were "pursu[ing] policies that help Buffalo’s citizens," unless that help is to convince them, as well, to move out.
A couple of days ago, the NY Fed announced that it is closing its Buffalo branch.
There's probably a difference between "bribing people to stay there" and packing the truck for a Hallowe'en exit. But the later hardly sounds as if it were "pursu[ing] policies that help Buffalo’s citizens," unless that help is to convince them, as well, to move out.
Labels: Economic Development, FRBOperations, Optimal Resources
