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The Future of America’s Suburbs Looks Infinite

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Just a decade ago, in the midst of the financial crisis, suburbia’s future seemed perilous, with experts claiming that many suburban tracks were about to become “the next slums.” The head of the Department of Housing and Urban Development proclaimed that “sprawl” was now doomed, and people were “headed back to the city.”  read more »

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Orange County’s Low Hanging Fruit

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There are things that we can do as a society to work through our big structural difficulties at an institutional level. And there are other things that can be done independently at the household level by individuals. I don’t have the technical skills, political skills, social skills, credentials, patience, or desire to engage the large scale systems. To be honest, I don’t think most people do. But there are all sorts of things that ordinary people can and should do on their own that can make a huge difference on the ground at room temperature.  read more »

Notes from the Wharton Africa Business Forum

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The Wharton Africa Business Forum took place in Philadelphia on November 3-5, 2017. Present were the Finance Minister of Nigeria, the CEO of Ethiopian Airlines and other business leaders (notably from lead sponsors McKinsey & Company and the Boston Consulting Group) and educators. The event was attended by hundreds of participants including Wharton faculty, students and alumni, African investors and entrepreneurs, members of the African diaspora and many others who have an interest in Africa.  read more »

Los Angeles Transit Ridership Losses Lead National Decline

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In recent days, two well placed commentaries have detailed the recent declines both in US transit ridership, and in particular, Los Angeles, where the decline is most severe.  read more »

Robert Iger For President? To Many Democrats, The Mouse May Look Like A Louse

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Few global companies enjoy as much public good will as the Walt Disney Company. The entertainment giant regularly ranks highly on lists of the most admired or trusted companies, including ones from Forbes and Fortune.  read more »

SAN FRANCISCO BAY AREA HOUSING 3Q17: Affordability Limits Continue to be Tested; Average Prices Hit Record Levels

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• Annualized new home starts in 3Q17 are up 2.5% compared to 3Q16, while closings are up 1.7%. Quarterly new home starts were up 31% while closings are down 4% compared to 3Q16.

• The average base price for new Single Family detached homes is up 17% YoY to a Metrostudy record, $1.03M; the average price for Attached homes is $905K, an increase of 5%.  read more »

Trump in China and the Limits of Authoritarianism

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As President Trump visits China, the contrast between the president — at war with the national media, the corporate establishment, almost all of academia and even his own party — and the sure-handed Xi Jinping seems almost unbearable. Xi has consolidated power to an extent not seen since Mao’s time, while directing a global expansion of Chinese power, notably in central and south Asia as well as Africa.  read more »

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Journalism Disrupted Again as DNAInfo, Gothamist Shuttered

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Owner Joe Ricketts shuttered unprofitable local news sites DNAInfo and Gothamist yesterday. Observers link this closure to a vote last week by New York employees to unionize.

This is an example of the disruption of the local media ecosystem. Technology allowed sites like DNA and Gothamist to exist in the first place, but local news has proven resistant to sufficient monetization to create profitability in most cases.  read more »

Blockchain - A Capitalist Revolution for the Internet

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Blockchain, i.e. digitized and decentralized public ledgers of cryptocurrency1 or digital asset transactions, might emerge as the tool to liberate the Internet from the domination of the tech oligarchy. In some senses, we can envision through historical analogy how Blockchain can change the very economic system of the Internet itself, much similar to the processes in the offline world that ended the Middle Ages and laid the foundations for the birth of Capitalism.  read more »

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