How NYU will save New York, and other entrepreneurial insights

Wonderful article by Ed Glaeser in City Journal on how entrepreneurs are the heroes of New York's success, from the days of pre-Civil War packet shipping and sugar refining, then the garment business, and more recently the Great Finance Sector. OK that last one looks a little shaky right now, but Ed talks about how something new always comes along if the city just manages to hold on to enough entreprenurs to find the Next Big Thing.

One thing that Ed says helps hold on to the entrepreneurs: great universities. You're welcome, New York, glad that we NYU profs could do our part to save your keister.

(HT Coordination Problem by Peter Boettke)