Are You Living In The Wrong City? Best City To Live In

11,670 views • Oct 11, 2024

Concepts in this episode

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  1. Congestion can be evidence that a place is producing value: jobs, services, and possibility attract more people than its infrastructure or housing can comfortably absorb. Orderly emptiness may indicate not successful management, but too little opportunity worth pursuing.

  2. Marchetti's Constant mechanism

    Marchetti's Constant describes a persistent commuting-time budget: improvements in travel speed tend to expand the reachable city rather than permanently return time to its residents.

  3. Induced Demand mechanism

    Induced demand occurs when added capacity makes a valuable system cheaper or easier to use, prompting people to change their behavior until pressure builds again. The capacity is not necessarily wasted; its benefit may appear as greater access or more users rather than lasting relief.

  4. Revealed Preference mental-model

    Revealed preference treats voluntary choices as evidence about how people rank their available options. What someone repeatedly does—especially when a credible exit exists—can reveal more than what outsiders assume they ought to prefer.

  5. Legibility is the mistake of treating an administratively convenient model of a living system as the system itself. In cities, rigid plans become brittle because future needs and adaptations cannot be fully known in advance.

  6. Robust complex order can emerge from many people adapting locally, without anyone possessing the whole design. What looks chaotic from above may encode distributed knowledge about needs, constraints, trades, and feedback.

  7. Cities compound differently depending on where their wealth originates. Places that make valuable goods and services for outsiders tend to build expanding capabilities; places sustained by oil, bureaucracy, or captured political power may look prosperous while depending on a fixed endowment.

Description

Which is the best city to live in India, or in the world, in fact? The popular opinion is that slums are a sign of a city regressing. Contrary to this belief, we discuss how factors such as increased traffic, slums & overcrowding indicate the growth of a city. While city planning is important, what are the long-term consequences of a planned city when compared to a non-planned city? What are some factors to look out for when choosing a city to settle in? In this episode, we discuss & elaborate on all these points & more. Watch until the end to reflect on whether you’re living in the right city or not. Book mentioned in this episode: Seeing Like A State by James C. Scott: https://tapthe.link/JPj_5m6Sz More episodes you might enjoy: Why Planning Fails? Government vs People: https://youtu.be/YecGDT7BvXU Why Is India The Most Populous Country: https://youtu.be/Sjur6Bu30YM Opportunity Cost Explained: https://youtu.be/fgtiC6RkRwg The Income Distribution of India: https://youtu.be/z4Qf44Ti338 Pollution Is Making You Dumb: https://youtu.be/ANvfe_pPg-Q Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter: @ngkabra http://twitter.com/ngkabra @shrikant https://twitter.com/shrikant Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v Chapters: 00:00 Overcrowding is Good 01:15 You Will Always Be In Commute 03:42 Slums Are Good For The City? 05:46 Is Village Better Than City? 07:44 Planned Cities Are Bad? 10:31 Should We Just Give Up? 12:10 So Which City Should You Choose? Sources Cited: Marchetti's Constant: https://en.wikipedia.org/wiki/Marchetti%27s_constant MIT Study on Commuting Times: https://news.mit.edu/2014/study-commuting-times-stay-constant-even-distances-change The Wrong Kind of City: https://asteriskmag.com/issues/07/the-wrong-kind-of-city Agglomeration Effects: https://en.wikipedia.org/wiki/Economies_of_agglomeration The Challenge of Slums (UN Habitat Report): https://unhabitat.org/sites/default/files/download-manager-files/The%20Challenge%20of%20Slums%20-%20Global%20Report%20on%20Human%20Settlements%202003.pdf #futureiq #bestcity #slums #traffic #cityplanning

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