Ricardo Hausmann
speaker
306 appearances
1 recordings
1 series
first heard Jun 2025
last heard Jun 2025
Ricardo Hausmann’s voice in public audio — every appearance, attributed to the second.
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Appearances
It doesn't mien that the industries.
are going go to the Midwest.
Right.
They may go to to right to work states in the in the South, they may go to the Southwest.
So it's not an obvious solution to the places that you're trying to help.
Those might be better dealt with using place based instruments.
Well, I mean, if that's the reason why value chains have become longer, that you just slice it into more modules and then you bring those modules together and then some OEM, some original equipment manufacturer that is putting fifty thousand pieces together, and then each one of the fifty thousand pieces it becomes a more manageable task.
But some industries require a lot of
Of a lot of talent that has to come together.
And for example, when you go to the do you see a film in the movies, sometimes they put at the end of the movie it says the end.
But it it's a misnomer because after they put the end, they start showing you the credits.
And the credits go on for minutes and minutes.
You know, there's there's the casting, there's the sound effects, there's the visual effects, there's uh editing, director of photography.
So you need a whole massive team of people.
that are uh involved in that in that movie making industry.
Well, an industry that requires this deep pool of differentiated talent
tends to locate only in very large cities, say like Los Angeles or New York.
It that's the only place where you would you could put together all that necessary talent that is required.
So industries that require a more diverse pool of talent tend to locate themselves in bigger cities.
And the ones that are kind of simpler, lower complexity, they can afford to locate in a smaller city because in in that smaller city, they could could probably find
Showing 101–120 of 306 · page 6 of 16
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