Jacobs makes clear that "transactions of decline" are usually inescapable bc they reinforce their causes...
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...and so tend not to stop until the government that's paying collapses
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I don't know the history of the Maritimes enough to know if they ever had a strong native economy...
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...but I can't imagine that they'll be able to *start* one as long as they're wards of the Canadian gov
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ditto for other parts of Canada and much of the USA, including my own backyard
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I am very, very pro seperatism :/
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Replying to @380kmh @JimmyLevendia
Jacobs' views on currency were so utterly contrarian they've never got a hearing, tho Lucas (Nobel Econ) likes her...
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...ideas on city economies. The predictable failure of the Euro doesn't seem to have changed minds.
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More likely than actual separation is the prospect of city-regions asserting themselves against a background of...
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...financially impotent national & state/prov govts. Very Holy Roman Empire-like.
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yes--there's a reason so much prosperity came up in the highly fragmented HRE (& Italian city states, etc)
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