1 thought on “The case against “rebalancing the economy””

  1. Posted 15/11/2017 at 22:43 | Permalink

    There are problems in the other direction. I have seen a senior manager in a large UK company move an entire science based businesses of 120 people from the North West to Hertfordshire because he personally wanted to stay in the London housing market. Around London, San Jose or Bombay much talent sits in slow moving traffic or travels on trains for similar motivations. There are market fixes to be sought at the agglomerations. Not everyone there is part of a magic “Cluster”.

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