Economics

Joel Kotkin Q&A on 'The Coming of Neo-Feudalism'

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Let’s start at the beginning, Joel. In talking about your new book, “The Coming of Neo-Feudalism: A Warning to the Global Middle Class,” do you literally fear that liberal capitalism is losing out to economic “feudalism”? And please put that word feudalism in a modern context for our readers.  read more »

House Hunting with Temple Grandin

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Many of you will be familiar with Temple Grandin. She’s the autistic woman who designs slaughterhouses from the cattle’s perspective. By organizing the process in a way that’s calming to the animals it improves efficiency. Her primary contribution is the recognition that animals are highly sensitive to small symbolic details: a shadow, a dangling chain, a hose left on the ground, a flapping flag.  read more »

Elon Musk's Tesla Rocket

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Wow, Elon Musk!

That was the cathartic cheer and cry of relief in millions of American homes on May 30, after two months of forced confinement, when the SpaceX Falcon 9 rocket and Dragon Capsule lifted off from Cape Canaveral carrying two American astronauts bound for the International Space Station. It was the first ever manned SpaceX mission  read more »

Welcome to Marquette Park

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So last month I saw an article in the New York Times about the resurfacing of a video documenting a racist attack on black children in Rosedale, Queens in New York City in 1975. A group of black kids from a nearby neighborhood decided to go on a "bike hike" through surrounding neighborhoods. Little did they know they would stumble on a protest against black movement into the area.  read more »

Combined Statistical Areas: Ready for the Dispersion Demand

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The years to come seem likely to see America’s historic population dispersion continue or accelerate, as pandemic and lockdown worries have severely reduced the attractiveness of dense urban cores (especially in the highest density areas, such as New York City). As a result, the sparsely populated outer areas of combined statistical areas (CSAs), the largest category of local labor market defined by the Office of Management and Budget (OMB), could be the destination of many former urban core households.  read more »

Networks and Cities in a Post-COVID Era

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Not long ago, Tom Delonge, one of the founders of the punk-rock band Blink 182 and founder/front man for the alternative band Angels and Airwaves, decided to put together an interesting public benefit corporation based in California. It just so happens to be a company that conducts research on UFOs. But what’s interesting here is how Delonge’s To The Stars Academy (TTSA) have been able to promote this subject, not just on obscure websites or the Joe Rogan podcast, but through other more surprising channels.  read more »

Is the California Dream Finished?

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For all the persistent rhetoric from California’s leaders about this state being on the cutting edge of social and racial justice, the reality on the ground is far grimmer.  read more »

How the Virus Is Pushing America Toward a Better Future

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Pessimism is the mood of the day, with 80 percent of Americans saying the country is generally out of control. Even before civil unrest and pestilence, most Americans believed our country was in decline, Pew reported, with a shrinking middle class, increased indebtedness and growing polarization.  read more »

Triumph of the Oligarchs

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A new class of overlords are making their bid for world domination.

The Coronavirus has trammeled the prospects of most Americans, particularly low-income workers. But for one small group, the pandemic has proved something like manna from heaven. Already ascendant beforehand, the tech oligarchy—a relatively small number of companies, venture, and private equity funds—are riding the current crisis to unprecedented dominion over our ever-weakening Republic.  read more »

The Downwardly Mobile: How Some People Lose Class Privilege

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We have two narratives about class in this country. Perhaps the most prominent is the American Dream – the idea that hard work and moral fortitude can lead people from rages to riches. The second is that of the rigged class system, one designed to ensure that the privileged remain privileged while the poor remain poor.  read more »

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