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Explain how. Guest if you go back to 1980, and you were thinking about the future of americas cities, you would have seen, potentially, a very bleak future. That was the time when, particularly our urban cores, cities like new york city and los angeles, were in the middle of a bona fide crisis. You had seen years of deindustrialization ravage the working and middleclass publishings of those cities, and you had seen an enormous middleclass flight to other regions entirely. That was very hard on the Fiscal Foundation of the cities and also the civic life of those cities. But then, in fact, you saw a tremendous renaissance over the subsequent decades. That renaissance was not even. You did not see it in every single American City, but you did see it in a handful of cities that had a renaissance in governance. The Manhattan Institute, where im president , was very deeply involved in an urban renaissance but one thing we have been arguing for some years is that, wait a second, everyone. We

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