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Is the speed of skyscraper construction declining?

Summary:
Artir writes: …taking not averages but just the fastest building built every year (again taking out Pyongyang and Broad Group), regardless of country. This seems to indicate that with the exception of The Belcher’s tower(s) in HK and 60 Wall St, in general construction speed has remained stagnant for almost a century, and has actually declined since its peak in the Great Depression. The early 1930s look pretty amazing.  The data on meters built per year, and the fastest built buildings by that standard are interesting too: There is much, much more in this post, which I consider to be one of the best things written this year.  Here is Artir’s conclusion: …the Empire State Building was an impressive achievement compared to the present, but it’s not true that the past has been better than

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Artir writes:

…taking not averages but just the fastest building built every year (again taking out Pyongyang and Broad Group), regardless of country. This seems to indicate that with the exception of The Belcher’s tower(s) in HK and 60 Wall St, in general construction speed has remained stagnant for almost a century, and has actually declined since its peak in the Great Depression.

Is the speed of skyscraper construction declining?

The early 1930s look pretty amazing.  The data on meters built per year, and the fastest built buildings by that standard are interesting too:

Is the speed of skyscraper construction declining?

There is much, much more in this post, which I consider to be one of the best things written this year.  Here is Artir’s conclusion:

…the Empire State Building was an impressive achievement compared to the present, but it’s not true that the past has been better than the present; rather, the skyscrapers built during the Great Depression were.

Highly recommended, via Patrick Collison.  And here is Artir on Twitter.

The post Is the speed of skyscraper construction declining? appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

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