Cities are engines of innovation and failing to police them makes us poorer.
Cities are great because of agglomeration—firms, innovators, creatives, etc. being close.
In a landmark study published earlier this year, @StuartBDonovan found that crime disrupts urban agglomeration:
There are benefits to living in cities.
Urban dwellers enjoy a premium to their wages, but urban areas also command an increase to rents, because they're desirable locations to be.
You can use these correlated quantities in the investigation of agglomeration.
Both are correlated with one another, and with agglomeration (the benefits accruing to clumping people, firms, amenities, etc. together).
And both are negatively correlated with criminal victimizations in the area.
But the larger effect here runs through rents.
The picture these results paint is one where crime causes people to leave urban areas, and (at least partly in doing so) it reduces the value of urban amenities.
Crime makes it harder to enjoy the benefits of everyone being able to work together in a close area.
Crime is inimical to the civilizational purpose of cities.
Cities should be founts of creation, bastions of mobility, shiny places people go to build.
But if women are getting mugged, druggies are normal, and kids can't walk to school safely, cities can't fulfill that purpose.
There's a lot more to this paper, and I hope you all go read it, because it is very informative and it fleshes out so much more than I had space to say.
- His license is suspended
- He was once a soldier for a Mafia family
- He's telling me about his time in Rikers
- He's showing me YouTube videos
- He's telling me his theories about Jews
He's telling me about gang wars he was in ad a kid.
He's wondering why all the Chinese girls are lined up - for an audition?
He says to go to Mother's Ruin for latin prostitutes.
All of this entirely unprompted.
"Yeah, these African guys, yeesh"
"I couldn't fuck that whore because I got the erectile dysfunction."
As a recap on my appearance, Eli Lilly is pursuing:
- A one-dose drug for preventing most heart disease
- A vaccine for chlamydia
- A vaccine for gonorrhea
- A vaccine for Epstein-Barr
- A drug that lets you stay awake longer and feel more rested
And remember, Eli Lilly's big break historically was the University of Toronto licensing them to produce insulin.
They started off by giving it out for free, saving the world's diabetics at a time when there was no treatment available.
They've always been a force for good.
I think
- The heart disease drug will succeed
-- Will it commercialize? It can, easily. But I'm 50/50 due to the competition
- Chlamydia and gonorrhea vax will succeed, but I don't see much commercial potential with Lilly
- EBV vaccine will fail with Lilly, succeed eventually