Money Talks: Averting the city death spiral

Cities across the world are in the midst of an identity crisis. With fewer workers commuting into offices and more shoppers heading online, what are they now for? It’s a question that commercial real estate investors are scrambling to find an answer to.On this week’s podcast, hosts Tom Lee-Devlin, Mike Bird and Alice Fulwood explore an office block that’s been repurposed to find out what the future holds for cities. Nick Bloom, a professor of economics at Stanford who’s been researching home working for more than two decades, tells them fully remote work can dent productivity by 10%. And Ed Glaeser, chair of the economics department at Harvard and one of the world’s leading experts on urban economics, says that troubled cities like San Francisco need to focus on making their downtown areas safe.We would love to hear from you. Please fill out our updated listener survey at economist.com/podcastsurveySign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.

Om Podcasten

Take a seat at the table and learn about the biggest stories in financial markets, the economy and business. Each week our editors and correspondents explore how economics influences the world we live in and share their insights across a range of topics. From inflation and recession risk to all things crypto and even the commercial success of K-pop, we have you covered. Published every Thursday.If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.For more information about Economist Podcasts+, including how to get access, please visit our FAQs page at https://myaccount.economist.com/s/article/What-is-Economist-Podcasts. Hosted on Acast. See acast.com/privacy for more information.