We have spoken over the years — here, here, and here — about the centralizing and decentralizing forces that play out within our cities. Agglomeration economies, for example, are a centralizing force. There are real economic benefits to people and firms clustering together in cities.… Read More
All posts tagged “decentralization”
Centralizing in cities
This is not all that surprising: It is not surprising for at least two reasons: We knew that central banks would tighten the money supply at some point and that it would have a negative impact on asset prices. Many of us believed that a… Read More
Londoners bought a record number of homes outside of the city this year — or did they?
The Financial Times published an article this week talking about the record number of homes that Londoners bought outside of the boundaries of the city this past year. The total was about 112,780 homes worth some £54.9 billion — again, it was a record in… Read More
Decentralization, centralization, and new frontiers
In this recent post by Naval Ravikant, he argues that innovation seems to like two things: decentralization and a frontier. He starts by giving the examples of more decentralized states (i.e. smaller federal governments) and the Wild West. The American frontier was, as you know,… Read More
Economic update with Benjamin Tal — get ready for the second half of this year
Benjamin Tal — CIBC’s Deputy Chief Economist — is seemingly everywhere. And earlier today, he was delivering an annual economic update at an online event hosted by Brattys LLP (our condo lawyers) in partnership with CIBC. Below are a handful of slides that I found… Read More
The new AirTags and Apple’s global mesh network
Apple recently released a new tracking device called AirTag. It is similar to the small Tile devices that have been in circulation for many years in that they help you find misplaced items like your keys or a bag. They locate your stuff and work… Read More
A few thoughts on working from home/anywhere
One of the big questions for this year is about whether or not work from home (WFH) and work from anywhere (WFA) policies are going to stick following this pandemic. It’s something that I mentioned in my 2021 predictions at the beginning of this year… Read More
Hmm…architecture and basic income
Albert Wenger recently published a post on his blog about architecture and basic income. Albert is a venture capitalist and is currently working on a book called World After Capital, which I have mentioned before on this blog. He is also an advocate of basic… Read More
Will autonomous vehicles make location irrelevant?
I am not convinced that autonomous vehicles will make “location” irrelevant. But I do agree with the following line from this recent Bloomberg article called, A Driverless Future Threatens the Laws of Real Estate. “The link between property and transport has been perhaps the most durable in human… Read More
Motivation and coordination
Albert Wenger of Union Square Ventures recently gave a talk at the 2017 Blockstack Summit about “Decentralization and the Knowledge Age.” He starts by talking about motivation and coordination. The state, he argues, is good at coordination, but not so good at motivation. The market, on… Read More