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The blunt truth is this: Many communities that were struggling economically decades ago are still struggling now. Existing policies simply aren’t working. Is it time to think about “place?” Economists traditionally have focused on policies aimed at improving an individual’s prospects and been skeptical about policies that focus on helping particular places. But some say it’s time for a new way of thinking.
By Federal Reserve Bank of Boston4.9
2424 ratings
The blunt truth is this: Many communities that were struggling economically decades ago are still struggling now. Existing policies simply aren’t working. Is it time to think about “place?” Economists traditionally have focused on policies aimed at improving an individual’s prospects and been skeptical about policies that focus on helping particular places. But some say it’s time for a new way of thinking.

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