probably not.
Harvard's Ed Glaeser received a good amount of attention over the past few months because of
this journal article:
Can Buffalo Ever Come Back?
Glaeser's answer: Buffalo probably can't come back, and "government should stop bribing people to stay there."
He continues:
"The truth is, the federal government has already spent vast sums of taxpayer money over the past half-century to revitalize Buffalo, only to watch the city continue to decay. Future federal spending that tries to revive the city will likely prove equally futile. The federal government should instead pursue policies that help Buffalo’s citizens, not the city as a geographical place. State and local policymakers could take steps that might—might—help Buffalo stave off its demise, if they avoid the errors of the past. But make no mistake: Buffalo faces long odds."
These comments prompted passionate debates (of course) in communities across the nation, and so to continue the debate, Buffalo invited Glaeser to speak there. His reasoned presentation (with apology) is embedded below, and worth watching:
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