Mark Klugmann talks about LEAP Cities, a model to accelerate economic development by attracting international investment, creating jobs and promoting integration by optimizing Legal, Economic, Administrative, and Political elements. He describes the use of “institutional leapfrogging,” answers objections to the legal structure, and refers to the main challenges that this project faces, commenting as well on experiences of other model cities. Finally, he shows why the LEAP model is not what Friedrich A. Hayek considered to be designed societies or planned economies.