Season 2 of The Century of Cities continues with part two of our in-depth conversation with Michael Storper, one of the world's leading economic geographers. In this episode, Michael turns his focus to governance, institutions, and the hard trade-offs shaping urban futures in the United States and Europe. Drawing on comparative insights from California, the Bay Area, Los Angeles, and major European regions, he examines how prosperity, inequality, and cultural path dependency collide in today's superstar cities.

Michael offers a rigorous critique of dominant housing narratives, arguing that supply-led solutions alone cannot resolve affordability in highly unequal urban economies. He contrasts American and European approaches, highlighting the role of social housing, construction innovation, and public-sector leadership in maintaining social mix and urban quality. The conversation expands to Europe's innovation dilemma, questioning whether the continent's urban system is structurally equipped to compete in a global knowledge economy while sustaining cohesion across regions. Throughout, Michael calls for greater honesty in urban policy debates, emphasizing that cities face real trade-offs that cannot be wished away. The future of cities depends not just on growth, but on institutions capable of managing complexity, inequality, and long-term transformation.