The financial collapse dominates the news, but its unregulated rise is not unrelated to the relative decline of manufacturing over the last quarter century, and the outsourcing of much of industrial production. One consequence of this de-industrialization and financialization of everything has been an astounding increase in inequality, a massive concentration of wealth at the very top and the squeezing of the middle classes.
Places that remained strong in manufacturing tend to have had and still have lower inequality than places more dependent on services, lowly to professional, and experienced a smaller change in inequality. read more »
At a time when national unemployment is rising, Nebraska is working overtime to attract labor. At the inaugural Sarpy County Economic Summit, Governor David Heinemann (R) talked about the need to “market the state to 16- to 20-year-olds.” Nebraska, apparently, has more jobs requiring college degrees than it has college graduates. (Interested college students can call the Director of the Nebraska Department of Economic Development, Richard Baier, at 402-471-3746.) read more »
When I think of the energy crisis, I cannot help but think of the poignant story of Martin Toler. A victim of the Sago Mine disaster, he was found sitting alongside his 12 fellow miners in darkness. Deep in the heart of the earth he wrote a note to his family as air and time was running out: “Tell all that I’ll see them on the other side,” read the note found lying beside his body. “It wasn’t bad. I just went to sleep. I love you.” read more »
As I drive to work here in Wisconsin Rapids, I cross the bridge where the view of the river is stunningly peaceful, with the mystical morning mist rising off the calm water reflecting the warm early morning sunlight as it surrounds the pristine wooded islands. It takes me all of five minutes by car to make my journey to work – one of the beauties of living in a smaller community. I can get to most places in town within five minutes. read more »
Given current economic trends, the time may be ripe to consider as a concept, an economic region straddling the middle of the North American continent – a North American Central Economic Region (NACER). These cross-border economic regions spanning Northwestern Ontario, Manitoba, North and South Dakota and Minnesota, already share infrastructure, production facilities and research and development capacity. A North American Central Economic Region (NACER) would build on these existing relationships, as well as historic patterns of cultural exchange, cross-border trade, and travel. read more »
Pick anytown, USA. You were born there; went to school there; made your living there; had your children and grandchildren and ended your life there. Headstones, like many, tell the story of who came and who went and they helped make the town a unique place.
And so, for a moment, I lamented at how much of that we had lost in the changes we have witnessed over the decades. Here we are in the biggest financial crisis in history, or at least since the Great Depression. What do we do? read more »
Old Manhattan had a farm
Ee-yi ee-yi O
As a child of the early Sixties, I fondly remember the days when colossal albeit stupid technological projects were fashionable. I remember in particular a cartoon that showed a subway running from the U.S. to China right through the center of the earth. Of course, this brings to mind Thoreau’s quip that, while the telegraph might connect Maine to Texas, would Maine and Texas have anything to say to each other? But the very point of the trans-core subway was its pointlessness. If titanic, useless engineering projects like the Hoover Dam are impressive, then how much more impressive are titanic, useless engineering projects! read more »
The “boomers” is a generation born between 1946 and 1964. They gave us the youth culture, hippies, Woodstock, peace movement, women’s liberation, computers, flexible work environments, consumer electronics and consumption on the grand scale to mention only a few.
Boomers have enjoyed a wonderful economy in the main that has enabled them to build wealth and live middle class lifestyles. They stay fit. They eat healthy foods. They look young compared to people of previous generations at their age. read more »
Being a college president for thirteen years convinced me of the importance of addressing the interdependence between a campus and its town. Inspired by my third presidency, I saw the need to brand a strategy needed to revitalize community.
We gathered 90 stakeholder partners for a full day meeting at Ironworld, a discovery center for the region to preserve its rich heritage and history. The local residents focused efforts on a place-based institution with the capacity to serve as a catalyst for pulling up the towns across Northeast Minnesota. That was in November, 2000. read more »
The obsession started before the earthquake.
I was driving on Manchester Road, and something about the slant of light off the car dealerships, the particular combination of Mexican-food diner/meat market/bank/shoe store/train-whistle-in-the-distance, and the unending nature of my errand was enough to take me back. I was on San Fernando Road, and for a just a split second, I was happy – happy to be in traffic, happy to have the glare of the sun in my eyes, happy, even, to be hopelessly late -- because I thought that I was back in Los Angeles. read more »