The density dynamic is worth banking on, but that doesn't mean it won't cost us.
BY JOHN SEO | SEPT/OCT 2011
By the year 2025 we will have finally come to grasp that in virtually every human endeavor, density pays.
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Silicon Valley has known this since Gordon Moore coined his eponymous law nearly half a century ago, predicting the exponentially increasing density and decreasing price of the processing power crammed onto microchips -- a dynamic that has turned young adults into billionaires with regularity ever since. But as everyone from Paul Krugman (whose Nobel-winning research pointed out the trade benefits of geographic concentration) to contemporary French chefs (who artfully condense the essence of a stick of butter into ever smaller morsels) to condo developers (no explanation necessary) has learned, density pays in the physical world as well. As the World Bank observed in its 2009 World Development Report, half the world's GDP is produced on 1.5 percent of its land surface. Humanity's global migration toward ever denser urban living has added trillions of dollars to the global GDP every decade since at least the end of World War II.
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