Blogs

More Machinists, Fewer Poets?

Politicians from both parties, while on the campaign trail, often argue that they will work to make a college education accessible and affordable to all Americans. Very rarely will one hear calls for "better quality" of education at our colleges and universities, with such debates seemingly being restricted to our K-12 educational system.  read more »

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Income Inequality on the Rise

A new report released today by the Organization for Economic Co-operation and Development (OECD) says that income inequality between the rich and poor has grown in three quarters of OECD nations over the past twenty years. The report, "Growing Unequal?", states that the gap between the rich and middle class in the United States has also grown.

According to the OECD report,  read more »

Human Migration Through History

Check out this video short produced by Imaginary Forces for the Lexus L Studio. The short features New Geography Executive Editor Joel Kotkin discussing the impact of human migration throughout history and how migration is changing for the future.  read more »

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New York's Decentralized Economy?

Even before the Wall Street meltdown, the New York area was going through its own de-clustering. No it hasn't - and probably never will - become a multi polar area in the style of Los Angeles, Houston or Phoenix, but the trend to deconcentrate jobs has been inexorable over the last thirty years, according to a new report by our friends at the Center for an Urban Future.

The report states:  read more »

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In the Doldrums: Another Economic Indicator Heads South

Lost amidst headlines of bank nationalization, credit market woes, and a worldwide equities rout, was news that the Baltic Dry Index, an index seen as a measure of world trade flows and future economic activity, has been in freefall this week. A drop of 8% on Tuesday was bookended by drops of around 11% on both Monday and Wednesday.

According to the Guardian, the index is  read more »

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Telecommuting will be a big part of our future

There's yet another study, this one from Hewitt Associates, that confirms our notion that telecommuting will be an ever bigger part of our future.  read more »

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Here They Go Again

Recent soundings from Washington suggest that neither party has a solid idea of what to do about the deepening economic crisis. It makes me cringe to hear Barney Frank, Chairman of House Financial Services Committee, talking about a big stimulus to “prop up consumption”.  read more »

Nevada's Decline

A recent article in the Las Vegas Review-Journal lamented the economic decline in the state according to a report by the Rockefeller Institute of Government in NY. The Rockefeller report cited a growth index released by the Philadelphia Fed, but reset the index to a baseline of January 2007, singling out Nevada as the worst performing state in the nation over that period.  read more »

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What a Difference 1500 Miles Makes

After several days in New York, I encountered serious climate change — in terms of atmosphere — at a USA-Canada Summit in Grand Forks, ND. Sure people were concerned about the market meltdown, but the talk was all of new plans for expanding the economy across both sides of the border. The distressed martinis of Manhattan nights were gone in a place where drinks also came with good cheer.  read more »

Nothing's the Matter With Kansas

Local and Regional banks in the Great Plains are doing just fine, thanks, according to Bill Wycoff, a bank president in southeast Kansas. Bill wrote in the WSJ Saturday that  read more »

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