Tuesday, December 31, 2013

A Paragraph to Ponder

From The Specialization Myth:

"The scale at which specialization of individuals leads to diversification is the city. Larger cities are more diversified than smaller cities. Among cities with similar populations – say, Salvador and Curitiba in Brazil, or Guadalajara and Monterrey in Mexico – more diversified cities are richer than less diversified cities. They tend to grow faster and become even more diversified, not only because they have a larger internal market, but also because they are more diversified in terms of what they can sell to other cities and countries."

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