7 ms·
Not sure if you've been to SF, but no one has ever accused the local government of "catalyzing" anything that didn't line their own pockets.
by russell_h 13y ago
Not sure if you've been to SF, but no one has ever accused the local government of "catalyzing" anything that didn't line their own pockets.
- muzz 13y agoMarkets and incentives work, and businesses respond to them. If SF thwarted innovation, we would see less of it there and more of it elsewhere, like Kansas City.
- YokoZar 13y agoThere are exogenous factors too. North Dakota will be rich due to oil even with incredibly corrupt and inefficient local governments.
- muzz 13y agoIndeed, as are Texas, Alaska, and Saudi Arabia. Resources must be extracted where they exist. No such physical constraints bind the development of search engines, social networks, etc.