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Southern Indiana is More Than Just a Great View of Louisville

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As part of a small project I’m doing in Southern Indiana, I spent two days touring around Clark and Floyd Counties to see what was up. As a guy who grew up in the area, it was great to get to see a lot of the positive things that have been occurring there. While perhaps places like New Albany and Jeffersonville might be considered small cities, the Southern Indiana portion of the Louisville metro area has about 280,000 people and is integrated into the larger regional economy.  read more »

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Real Economic Payoff from Infrastructure

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With the Obama proposal to get some money for infrastructure, it is time to revisit the payoff from investments in transportation. Investments that improve the performance of transportation in the US will pay for themselves in 17 years through increased economic activity and the resulting gains in federal tax revenue. The rate of return for national investments in transportation is 7%, significantly more than the cost of borrowing. Recently released research verbalizes a theory of why the performance of infrastructure matters for the economy.  read more »

The Decline of the Midwest, the Rise of the South

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The New York Times ran an article recently that’s nominally about football, but really gives insight into the decline of the Midwest and the rise of the South. Called “As Big Ten Declines, Homegrown Talent Flees,” this piece ties in perfectly with my recent essay on the differing social states of the Midwest and South.  read more »

Housing Affordability in China

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Finally, there is credible housing affordability data from China. For years, analysts have produced "back of the envelope" anecdotal calculations that have been often as inconsistent as they have been wrong.  read more »

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Look Out for Obama's Legacy

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With public support for Barack Obama recently at low ebb, some might suggest that his will be a weak political legacy. But, in reality, the president’s legacy may prove profoundly important in having helped usher into power a new dominant political configuration whose influence will survive for decades to come.

In “The New Class Conflict,” I describe this alliance as the New Clerisy, which encompasses the media, the academy and the expanding regulatory bureaucracy. This Clerisy already dominates American intellectual and cultural life and increasingly has taken virtual control of key governmental functions, as well as the educations of our young people.  read more »

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A Newer Geography of Jobs: Where Workers with Advanced Degrees Are Concentrating the Fastest

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This is a new report brief from the Center for Population Dynamics at Cleveland State University, download the pdf version here. The report was authored by Richey Piiparinen, Jim Russell, and Charlie Post.  read more »

Should the Gas Tax Go Local?

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After approving yet another general budget stopgap for highway construction in July, legislators across the country are acknowledging the obvious: The Federal Highway Trust Fund, the primary pot of federal roadway dollars, is nearly out of gas.  read more »

How Segregated Is New York City?

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The online reaction to the reports on racial segregation in New York state’s public schools reminded me, yet again, that most people think of New York as an integrated city, and are surprised or incredulous when that impression is contradicted.  read more »

The Unrest In Hong Kong And China's Bigger Urban Crisis

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The current protests in Hong Kong for democracy reflects only part of the issues facing Chinese cities, as they grow and become ever more sophisticated. In just four decades, China has gone from 17.4 percent to 55.6 percent urban, adding nearly 600 million city residents. And this process is far from over: United Nations projections indicate that over the next 20 years, China’s urban population will increase by 250 million, even as national population growth rates slow and stall.  read more »

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