9/10/2019

Econ Focus INTERVIEW Enrico Moretti

"There's nothing new in the fact that some areas are economically more dynamic than others and offer better labor market opportunities; that's always been the case. What is different today is how large the difference between the most successful labor markets and the least successful labor markets has become and how fast they are growing apart. It's a paradox because it is true that we can have access to a lot of information and communicate easily from everywhere in the world, but at the same time, location remains crucial for worker productivity and for economic success."