In a recent NYTimes Economix blog entry, Edward Glaeser argues that we should watch Detroit under mayor David Bing and see if the answer is yes. Bing, former NBA all-star guard, has formulated a plan to downsize Detroit; that is, identify policies that will help Detroit generate a sustainable comparative advantage by reducing and removing those policies that are destructive. It’s an intriguing and very politically challenging idea. See what you think.
http://economix.blogs.nytimes.com/2010/03/16/shrinking-detroit-back-to-greatness/