America's Most Innovative Neighborhood: 15 Square Miles In New Mexico, Population: 0

One point I gleamed from this piece is that people like Thomas Edison and Ben Franklin couldn't do the things today that they did back then due to various laws and regulations.  So does that mean that government stymies growth and innovation.  To a certain degree yes and to a certain degree no.  Much of our lives involves too much regulation in my opinion but there are certain things we probably need government for in order to police companies and industries that those would not willingly take on themselves.

Full Fast Company article here

This summer, Pegasus Global Holdings will begin building a city from scratch in the desert just outside of Hobbs, New Mexico, that will look not unlike Hobbs itself. The Center for Innovation, Testing and Evaluation will be modeled on a mid-sized, mid-American town of about 35,000 people. Hobbs, located just outside the Texas border in the Southeastern corner of the state, is just a bit larger than that. The new city--CITE, as the locals and out-of-town developers call it--will similarly have a kind of downtown, a retail district, residential neighborhoods, and collar communities. It will have functioning roads, self-sustaining utilities, and its own communications infrastructure. It will not, however, have a single permanent resident.