Like a child star who reached his peak at age 15, Barack Obama could never fulfill the inflated expectations that accompanied his election. After all not only was he heralded as the “smartest” president in history within months of assuming the White House, but he also secured the Nobel Peace Prize during his first year in office. Usually, it takes actually settling a conflict or two — like Richard Nixon or Jimmy Carter — to win such plaudits. read more »
Surprisingly, the modern focal point for postfamilial urbanism comes from eastern Asia, where family traditionally exercised a powerful, even dominant influence over society. The shift toward post-familialism arose first in Japan, the region’s most economically and technologically advanced country. As early as the 1990s sociologist Muriel Jolivet unearthed a trend of growing hostility toward motherhood in her book Japan: The Childless Society? –a trend that stemmed in part from male reluctance to take responsibility for raising children. read more »
It certainly seems as if boomers are in charge in America now, with Donald Trump about to move into the White House and members of the generation in the majority in Congress. Meanwhile, huge attention has been paid over the past few years to the emergence of the boomers’ children, the millennials, on the national scene. But relatively little thought has been accorded to the group sandwiched between the two mega-generations: Generation X. read more »
New data from the Census indicates that population growth and domestic migration patterns have continued to move away from the East and the Midwest to the South and West, at accelerated rates. Equally important, pre-Great Recession interstate mobility rates have been restored. read more »
The news media was flattened on November 8th, but its recovery has already started.
One of the striking features in all the commentary on Facebook about Donald Trump's victory is the number of times that the words I, me and my appeared in member posts. For example, "I am proud", "I am optimistic", or "I am fearful", "I am worried", etc. The comments celebrating or lamenting the event were mostly about the way the writer felt about the event, not about the event itself. That looks like a subtle difference but it reveals a demarcating line between an introverted reaction vs. an extroverted one. read more »
Defenders of California’s status-quo claim to be proud of California’s economic growth and worry about what Trump will do to that growth. If you are so impolite as to mention that this has been California’s slowest recovery in 70 years, as the following chart shows, you will be told that slow growth is good. It avoids the excesses of previous business cycles. read more »
Back in 2008 or 2009 I gave a Pecha Kucha presentation in Indianapolis in which I said:
"Cities can’t survive on gentrification alone. The broad community has to be a participant in its success. That’s why I’m somewhat down on the notion of the creative class. It’s good as far as it goes, but it’s a self-consciously elitist vision. Where’s the working class in that? read more »
Houston is a city (metropolitan area) of superlatives. The most recent Brookings Institution data shows that Houston has the seventh strongest per capita economy (gross domestic product) in the world (Figure 1). This places Houston above New York and more surprisingly, perhaps, other cities perceived to have strong economies are far below Houston and outside of the top 10, such as London, Tokyo and Chicago. read more »
The oligarchs’ ball at Trump Tower revealed one not-so-well-kept secret about the tech moguls: They are more like the new president than they are like you or me.
In what devolved into something of a love fest, Trump embraced the tech elite for their “incredible innovation” and pledged to help them achieve their goals—one of which, of course, is to become even richer. And for all their proud talk about “disruption,” they also know that they will have to accommodate, to some extent, our newly elected disrupter in chief for at least the next four years. read more »
Now and again Australia erupts in controversy about housing affordability. Each time it follows the same course. Some new statistic or media story confirms that prices are out of control. A senior politician is prompted to call for deregulation and more supply, and is backed-up by the property industry. Then come progressive policy wonks saying no, the issue is high investor demand stimulated by tax concessions. Next emerge the welfare lobby, calling for tax reform as well as more social housing and “inclusionary zoning”. read more »