Why I’m Bullish on Charter Cities

Politicians ask why people are poor. Economists ask why people are rich. Rich is a more interesting question than poor, because poor is the default, which makes poverty over-determined: a theory of poverty is interesting in the same way that the theory of gravity is interesting, but I’m less focused on being Isaac Newton than being the Wright Brothers.

There are a few ways countries have gotten rich, but they’re not all reliable.

One solid option is to have lots of valuable natural resources. Qatar, for example, has the third largest natural gas…