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NEW Ed Glaeser Celebrates Manhattan's Success at Attracting the 1% READ HERE

Ed provides Bill de Blasio with some free advice for how to lead a great city.   The de Blasio Era will offer a great natural experiment to test for cross-elasticities.   Manhattan is a superstar city.  If the "superstars" face sharp increases in taxes there, will they leave and where will they go?  Is the answer "Boston" or is it "London"? Or will they stay because there are no close substitutes for Manhattan?   NYC in the 1970s wasn't cool.   The next mayor should read up about local Laffer curves and urban taxation..

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