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ISBN: 9781771863049-14

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Diversity Trumps Specialization

Section 4: Cities as a Dynamic Economy


From: Cities Matter


Chapter 14 explores Jacobs’ theory of diversity as the most important feature for thriving cities and urban economies. The chapter discusses topics including macroeconomics, economic specialization and increased production, industrial diversity, and Jacobs’ two main advantages of diversity: reducing vulnerabilities to foreign trends, and diversity increasing innovation.



Charles-Albert Ramsay

Charles-Albert Ramsay is a Montreal economist and teacher with an MA in Economics from the Université de Sherbrooke. As a journalist, he has reported on new business projects in cities throughout Canada and internationally. Specializing in innovation and urban economics, he has taught economics at Dawson College and Kiuna Institution in Quebec.