Too school for cool

moneyisnotimportant:

emergentfutures:

An “unhealthy correlation” exists between the construction of skyscrapers and financial crashes, according to a new report from investment bank Barclays Capital.

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I think about this every time I see one being built.  Interesting that a correlation exists.

Well, also, Jacobsian urban economics would tell you that the massive superblocs that huge skyscrapers rest on are far less economically diverse than the ‘slums’ they replace.  Furthermore, skyscrapers in and of themselves tend not to be capable of the kind of diversity that streets are—say, if one area of the building starts renting a lot of space, it’s not like a burger joint, or a newstand, or a tobacconist can open up on the 40th floor of the Empire State Building,