by Stephen Malpezzi, Professor and Lorin and Marjorie Tiefenthaler Distinguished Chair in Real Estate
Greetings from Barcelona, Spain’s Chicago (“Second City”), Catalonia’s
capital, an economic engine of the country and the region (currently sputtering
a bit, as you’ll know), probably best known to many Wisconsinites as the home
to Gaudi’s still-evolving masterpiece, the Church of the Sagrada Família, but
also more architecture, history and culture than I can begin to address today.
I’m here for the 6th
Urban Research and Knowledge Symposium, Rethinking Cities: Framing the
Future, jointly organized by the World Bank and the city of Barcelona. There are hundreds of
researchers, activists, mayors and other city officials here – even a few
business people, though it’s focused primarily on public policy issues.
For your first look at the conference, go to http://www.rethinkingcities.org/
Many readers of this
blog will have had a look at the “Tradition and Innovation” paper that explores
our real estate program over the past century – if you haven’t the Fall 2012
edition is available here.
One of the themes of that paper is the importance of the Wisconsin Idea,
usually traced back to President Charles Van Hise around 1904, but more fully
developed and first named “The Wisconsin Idea” in a 1912 book of that title by
the founder of Wisconsin’s Legislative Reference Bureau, Charles
McCarthy. In honor of the centennial of that publication, the University
has organized a website
Be sure to click on the
“The Wisconsin Idea Globally.” It’s been a long time since we’ve taken
the limiting part of the phrase “the walls of the University are the boundaries
of the state” literally – we’ve long gone national and global; and if you ask
my basketball buddies in the astronomy department, they’ll tell you we’ve gone
beyond global!
There’s another aspect
of the Wisconsin Idea that is worth discussing – that the Idea is not a
lecture, but a conversation. Ideas, especially good ones, are a two-way
street. I’m presenting a paper and contributing to this conference in
other ways, but, it’s just like class – I’m learning a ton while I’m at
it. During my early morning downtime I’ll send a little taste of the conference.
The conference was
opened by World Bank and city officials, most notably the Mayor of Barcelona,
the Honorable Xavier Trias. This was followed by a plenary session that
launched a forthcoming book, Rethinking Cities: A Roadmap Towards Better Urbanization
for Development, edited by Edward Glaeser and Abha Joshi-Ghani, to be
published by the World Bank. I’ve contributed a chapter on housing
markets and policy, about which more later. The session comprised an
overview by the book’s editors, Ed and Abha, and commentary by mayors and other
officials from Harare, Seoul, London and of course Barcelona. Ed’s
presentation was especially substantive, as you’d expect from the author of one
of my 2012 Dynamic Dozen, Triumph of the City: How Our Greatest Invention Makes Us
Richer, Smarter, Greener, Healthier, and Happier. Ed gave a great overview, rich in the
history as well as the economics of cities, touching on inter alia the ways in
which cities facilitate trade, make capital and labor more productive, and help
us address some of our most urgent environmental problems.
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