Sublime

Too many have bought into a perverse inversion of what the city should be. Cities are where wealth is created, not just where it is displayed. They are meant to be escalators into the middle class, not penthouses for the upper class. But through bad policy and worse politics, we are doing in the twenty-first century what we so feared in the ninetee

The consolidation of vast wealth in the hands of a few industrialists, and a burgeoning population of new millionaires, required moral justification.

They put peace, meaningful work, and basic values above affluence.

Economists refer to them as elasticities.

The effects of early moves and longer exposure to less deprived neighborhoods are clear in this much larger dataset of millions of people. Moreover, the consequences are broad, involving higher incomes later in life, higher probability of being married, greater likelihood of attending college, better health, and fewer teenage pregnancies.