Paul Romer: Why the world needs charter cities

The video explores the paradox of technology access, using Nelson's story to highlight how rules can hinder access to basic utilities like electricity. It examines global examples, such as North Korea and China, to illustrate the impact of rules on development. The concept of charter cities is proposed as a solution, offering new rules and opportunities for growth. The video concludes by emphasizing the power of ideas and the need for innovative rules to drive progress.

What is a charter city, and how does it relate to the concept of good rules?

How can partnerships between nations facilitate the creation of new rules?

What are the potential benefits of building new cities governed by good rules?

What role do ideas play in improving the conditions for people like Nelson?