How will new carpool options like LyftLine and UberPool affect the marketplace of transit services? When mobility conversations turn to Lyft, Uber and other ridesourcing — or ridesharing — companies, the discussion typically centers on their effects on the taxicab business. Here in Chicago, Lyft and Uber recently survived a turbo-charged regulatory battle with cabbies that could have forced them to entirely withdraw from our city. read more »
Is long term privatization of government assets in the form of leases or concessions a good idea?
The answer is not Yes or No but rather What and How.
Done right, long-term privatization can be a great thing to the public. But given the multi-decade nature of some of these deals, the risk of getting it wrong is high. read more »
In the latest Quinnipiac poll, Hillary Clinton and Donald Trump are tied in battleground Ohio. This suggests a very close race in Ohio in the fall. Economic issues, especially trade, led many former Democrats to cross party lines to support Trump in the Republican primaries. Many who hadn’t voted in recent elections joined them. We’re likely to see a repeat of this in November unless Democrats change their trade policies. read more »
The sad decline in race relations has focused, almost exclusively, on the age-old, and sadly growing, chasm between black and white. Yet this divide may prove far less important, particularly in this election, than the direction of the Latino community. read more »
Ordos, in China's Autonomous Region of Inner Mongolia (equivalent to a province) has received international notoriety as a "ghost city." I had already visited one other ghost city and found the reports considerably exaggerated (The Zhengzhou New Area in Henan, a commercial and residential district). But Ordos has received by far the most publicity. read more »
The information sector may have glamour and manufacturing, nostalgia appeal, but the real action in high-wage job growth in the United States is in the vast realm of professional and business services. This is not only the largest high-wage part of the economy, employing just under 20 million people at an average salary of $30 an hour, it’s also one the few high-wage sectors in which employment has expanded steadily since 2010, at more than 3% a year, adding nearly 3 million white-collar jobs. read more »
You say you want a revolution
Well you know
We’d all want to change the world.____ The Beatles (1968)
Apparently not. Not any more. Not everyone wants to change the world. To the Beatles in 1968, when young people aged less than 30 added up to 52% of the US population, it might have looked like everyone wanted a revolution and that a nascent movement had a deep reserve of younger cohorts ready to push for change. But the percentage of the population aged less than 30 today is only 39% and falling. read more »
As part of a thought experiment I examined one specific neighborhood in a typical small city in Georgia. I’m using this town not because it’s unique, but because it’s absolutely normative. I could do the same analysis on the town where my mom, sisters, and brother live in southern New Jersey and it would be nearly identical. This is Everytown, USA. read more »
The technology driven global economy is brutally competitive and has put enormous stress on businesses to adapt or die. read more »