High-skilled workers in small towns are a 'waste of resources', says controversial Princeton study.
It would be more efficient if big cities like New York or San Francisco were transformed into cognitive hubs for white collar work, even if that meant paying other workers stay away, according to a new study from economists at Princeton University and the Federal Reserve.
While big cities would need to have some non-cognitive workers, and small city would still need some professionals like doctors and layers, the economists say, overall the economy would be more efficient if brain workers were concentrated in big cities, which would become smaller and less congested after economy incentives were delivered to send workers to the designated type of community.
Critics on social media were quick to point out that such a policy could boost a racial and class segregation. Already studies have shown that where children are raised can have a significant impact on future income and opportunity for class mobility. Of course we acknowledge that where workers with certain skill profiles live -especially when their concentration in specific cities might lead to social segregation- has profound implications that extends beyond more immediate welfare, the economists wrote. And importantly, our model does not directly address all of the underlying forces that influence the individual labor market outcomes.
cognitive---connected with thinking or conscious mental processes
the Federal Reserve 美联储
congested 拥挤的 adj. ---crowded
incentive---something that encourage a person to do something
designated 被选定的 adj.
segregation 隔离 n.
profile 简介 n.
model---a simple technical description of how something works
address---to discuss, or think about a particular problem
underlying 潜在的 adj.
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