Economics

The Evolving Urban Form: Nanjing

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Nanjing is one of China's most historic cities. It is one of the four great ancient capitals of the nation, along with Beijing, Chang'an (Xi'an) and Luoyang. Its name means southern capital (Nan=south, Jing=capital), while the name of the current capital, Beijing means Northern capital.  read more »

US Suburbs Approaching Jobs-Housing Balance

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Suburban areas in the US metropolitan areas with more than 1 million total regional population, once largely seen as bedroom communities, are nearing parity between jobs and resident employees. The jobs housing balance, which measures the number of jobs per resident employee in a geographical area has reached 0.89 (jobs per resident workers) in these 51 major metropolitan areas, according to data in the 2011 one-year American Community Survey.  read more »

Progessives, Preservation & Prosperity

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Conservatives often fret that Barack Obama is leading the nation toward socialism. In my mind, that's an insult to socialism, which, in theory, at least, seeks to uplift the lower classes through greater prosperity. In contrast, the current administration and its core of wealthy supporters are more reminiscent of British Tories, the longtime defenders of hereditary privilege, a hierarchical social order and slow-paced economic change.  read more »

Green Office Towers Cast Shadow Over Sydney

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Known for her spiky hair, studded-collar and heels, Sydney’s Lord Mayor is the epitome of progressive chic. For a green activist, though, Clover Moore attracts some surprising company. Landlords owning 58 per cent of the CBD’s office space have rushed to join her Better Buildings Partnership, an alliance “to improve the sustainability performance of existing commercial and public sector buildings”.  read more »

Will Obama Play his Aces?

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With the stock market hitting new highs, and unemployment easing, albeit slightly, President Obama can now seize his moment. After spending four years blaming George W. Bush for his lousy hand, the president now sits at the table with three strong aces among his cards.

The key question is: Will he play them?

One reason he might not is that most of his good hand stems primarily not from his stewardship but America's economic and demographic kismet. In fact, this resurgence is primarily not taking the "green," urban and high-tech form, as preferred by most coastal Democrats, but stems largely from the productive forces being unleashed in the nation's largely red heartland.  read more »

CEO Bonuses: Who Pays the Price?

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Because so many chief executives of failed or mediocre companies have walked away with millions in bonuses and swag bags, both Switzerland and the European Union recently voted to put a cap on corporate bonuses, limiting them to a small multiple of base salary. What prompted the acceptance of the “Minder Initiative”—named after the independent parliamentarian who sponsored the referendum — is a string of stunning business losses that had no affect on the bonuses paid to the sitting executives.  read more »

Marissa Mayer's Misstep And The Unstoppable Rise Of Telecommuting

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Marissa Mayer’s pronunciamento banning home-based work at Yahoo reflects a great dilemma facing companies and our country over the coming decade. Forget for a minute the amazing hubris of a rich, glamorous CEO, with a nursery specially built next to her office, ordering less well-compensated parents to trudge back to the office, leaving their less important offspring in daycare or in the hands of nannies.  read more »

Postmodernity: Will Another Bite from the Apple Help?

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The visionary evangelical zeal of Steve Jobs lured me from my   cozy philosophical pursuits at Barry University in south Florida to the frenetic gyrations of 1980s Silicon Valley.  read more »

Subjects:

U.S. Could be Courting Trouble in Europe

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One of the most fascinating aspects of Barack Obama's presidency stems not so much from his racial background, but his status as America's first clearly post-European, anti-colonialist leader. Yet, after announcing his historic "pivot" to vibrant Asia, the president, the son of an anti-British Kenyan activist, recently announced as his latest foreign policy initiative an economic alliance with, of all places, a declining, and increasingly decadent, Europe.  read more »

Richard Florida Concedes the Limits of the Creative Class

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Among the most pervasive, and arguably pernicious, notions of the past decade has been that the “creative class” of the skilled, educated and hip would remake and revive American cities. The idea, packaged and peddled by consultant Richard Florida, had been that unlike spending public money to court Wall Street fat cats, corporate executives or other traditional elites, paying to appeal to the creative would truly trickle down, generating a widespread urban revival.  read more »