Thursday, December 15, 2022

Fortune Quote #3794

Photographs of crowded cities in third world countries may create the
impression that there is not enough room for the populations of these
countries, and that this somehow accounts for their poverty. However,
crowding is what cities are all about, whether in poor countries or in rich
countries. Park Avenue has more people per square mile than in many third
world villages or urban slums. Crowding lowers the cost per person of
supplying everything from electricity to running water to sewage lines,
movie theaters, and ambulance services. -- Thomas Sowell

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