May 28th 2024.
Fellow Londoners, rejoice! It's official - our city has been crowned as the cleverest in the world. But what exactly makes a city clever? Is it the number of museums, the abundance of books being read on the underground, or the level of formal education achieved by its residents? And most importantly, does it really even matter?
According to new data from Oxford Economics, London has been ranked as the smartest city in the world. And it's no surprise, considering the plethora of hotspots that serve as indicators of our city's impressive human capital. With over 40 educational institutions, including renowned universities such as the London School of Economics and Imperial College London, and a staggering 200 museums and 800 art galleries, it's clear that London is a hub for knowledge and culture.
The data, which assessed global cities based on their economic index, also took into consideration factors such as quality of life, environment, and governance. And while cities like Tokyo and Riyadh came in second and third place respectively, it may come as a surprise that Washington DC, the political capital of the United States, only ranked seventh on the list. But fear not, fellow Americans, for both New York City and Boston made it into the top 10, coming in at fourth and tenth place respectively.
Located between Maryland and Virginia, Washington DC is home to the iconic political buildings that house the federal government, including the Capitol, White House, and Supreme Court. But that's not all - it also boasts the largest library in the world and a number of prestigious universities, such as George Washington, Georgetown, and Howard. These factors all contributed to the city's high human capital score, which takes into account educational attainment, population growth, and percentage of foreign-born residents.
In terms of employment, Washington DC also has a high number of well-paying government jobs and a large number of foreign diplomats stationed in the city. This boosts not only the city's educational attainment level, but also its income and GDP, which translates to an impressive $110,300 per person or an overall figure of $706 billion.
Interestingly, the top spot for the best city in the world went to New York, based on its important economic contributions and investments in education and business innovation. London followed closely behind in second place, ranking seventh in terms of economics, but unfortunately scoring lower in quality of life, environment, and governance.
So next time you're on the tube, take a look around and see what everyone's reading. As the cleverest city in the world, we have a lot to be proud of. And to all the bookworms out there, let's continue to thrive and prosper in our beloved city. After all, as the saying goes, knowledge is power.
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