Economics

A metropolitan economy, if it is working well, is constantly transforming many poor people into middle-class people, many illiterates into skilled people, many greenhorns into competent citizens. . . . Cities don’t lure the middle class. They create it.
—Jane Jacobs  read more »

Bloomberg’s Justin Fox tweeted out a link to this piece from a professor in Peoria, Illinois who left a coveted tenure-track position because he couldn’t bear the thought of living there. Here’s an excerpt:  read more »

In a remarkable and most unexpected outcome, Australia’s conservative Prime Minister Scott Morrison has retained the country’s leadership at the recent Australian Federal Parliamentary election (18 May, 2019). Morrison’s victory confounded a wide array of commentators, academics, advocacy groups, industry groups, all of the opinion polls, most of the media and a host of fringe political groups who not only predicted victory for the Labor opposition but an emphatic one.  read more »

In the aftermath of the Communist victory in the late 1940s, the question often asked in Washington was: “Who lost China?” That fueled the McCarthyite inquisition that followed. The question our children might ask is: “Who lost America?”  read more »

Due to circumstances entirely within the city of Milwaukee’s control, it can’t afford to fix potholes in city streets and it certainly won’t pay to repair the damage to at least 45 cars caused by those potholes so far this year.  read more »

Mayors have had little success in becoming president, with only one big-city chief executive, Grover Cleveland of Buffalo, later governor of New York, actually making it to the White House.  read more »

For decades California’s regulatory and tax policies have undermined our middle class, driving millions out of this most favored state. Perhaps nowhere is this clearer than in a drive that seeks to destroy the single-family neighborhoods preferred by the state’s middle-income households.  read more »

The fiasco surrounding Amazon’s recent escape from New York reflects a broader, potentially devastating trend. By driving the Seattle-based behemoth out of the Big Apple, New York’s increasingly militant progressives have created a political paradigm that could resonate in cities across the country.  read more »

Atlanta’s Hartsfield-Jackson International Airport continues to be the largest in the world in terms of volume, with 107 million passengers, according to preliminary 2018 data released by Airports Council International. Atlanta has held the top position since 2000. However, Atlanta’s passenger growth over the last eight years has been the smallest of the top 20 airports, at 20.2 percent.  read more »

Somehow Californians are proud (or oblivious) to the fact that the Golden State has become a national security risk. Both California’s in-state crude oil production, and Alaskan oil imports have both been forced into decline and are now unable to meet the states’ energy needs.  read more »