Honduras, Charter Cities, and Romer in NYTimes Magazine
Under the misleading headline: Who Wants to Buy Honduras?
Romer hasn’t yet been able to persuade any nations to take on the role of custodian (Sweden and Britain both passed), so Honduras has named a board of overseers until there are enough people to form a democracy. Romer, who is expected to be chairman, is hoping to build a city that can accommodate 10 million people, which is 2 million more than the current population of Honduras. His charter city will have extremely open immigration policies to attract foreign workers from all over. It will also tactically dissuade some from coming. Singapore, Romer said, provides a good (if sometimes overzealous) model. Its strict penalties for things like not flushing a public toilet may make for late-night jokes, but they signal to potential immigrants that it is a great place if you want to work hard and play by the rules.