Idea-intensive industries have long tended to locate disproportionately in the cores of urban areas, where—as in New York—the same closeness that once moved garments onto rail cars now speeds the flow of ideas.
The intellectual advantages of proximity keep industries like advertising, publishing and finance—which offer the highest returns to those with the most information—in dense urban cores.
NYT: Economic Lessons From ‘Mad Men’ (via caro)
this is why i work in new york city.
