This is an excerpt from "Enterprising States: Creating Jobs, Economic Development, and Prosperity in Challenging Times" authored by Praxis Strategy Group and Joel Kotkin. The entire report is available at the National Chamber Foundation website, including highlights of top performing states and profiles of each state's economic development efforts.
Sweden is often held up as a role model for those wishing to expand the size of government in the U.S. and other nations. The nation is seen as combining a large public sector with many attractive features, such as low crime rates, high life expectancy and a high degree of social cohesion.
But in actuality the success of the Swedish society lies not with the extent of its welfare state, but as the result of cultural and demographic factors as well as a favourable business environment throughout most of Sweden's modern history. read more »
Ideas matter, particularly when colored by religious fanaticism, wreaking havoc even in the most favored of places. Take, for instance, Iran, a country blessed with a rich heritage and enormous physical and human resources, but which, thanks to its theocratic regime, is largely an economic basket case and rogue state. read more »
We are supposedly living in an age of austerity, but many federal programs are leading many states into overspending and potential fiscal insolvency. Transit spending is a case in point, as is indicated by the proposed Orlando Sunrail commuter rail project. read more »
For more than 15 years, New York State has led the country in domestic outmigration: for every American who comes to New York, roughly two depart for other states. This outmigration slowed briefly following the onset of the Great Recession. But a new Marist poll released last week suggests that the rate is likely to increase: 36 percent of New Yorkers under 30 are planning to leave over the next five years. read more »
A new Brookings Institution report provides an unprecedented glimpse into the lack of potential for transit to make a more meaningful contribution to mobility in the nation's metropolitan areas. The report, entitled Missed Opportunity: Transit and Jobs in Metropolitan America, provides estimates of the percentage of jobs that can be accessed by transit in 45, 60 or 90 minutes, one-way, by residents of the 100 largest US metropolitan areas. read more »
When I was young and my brother was a little older, we would be in bed before dark on mid-summer evenings. (The times were different then.) We would lay in our separate beds, but only an arm’s length apart as shadows lengthened up the far wall of our room, until the dial of the Zenith radio on top of the dresser was the only light left. The Dodgers’ game would be on. Vin Scully was calling the plays. read more »
Pogróm is a word with Yiddish origin, and is a Russian word meaning “to wreak havoc, to demolish violently, to destroy, or to devastate a town."
Eric Pickles, British Secretary of State for Communities and Local Government, is planning to demolish, destroy, and devastate half of Dale Farm, on Oak Lane, Crays Hill, near Billericay. read more »
On March 25th, the Bureau of Labor statistics released a report that showed that California jobs had increased by 96,000 in February. The state’s cheerleaders jumped into action. Never mind that the state still has a 12.2 percent unemployment rate, and part of the decline from 12.4 percent is because just under 32,000 discouraged workers left California’s labor force in February. read more »
The first two years of the Obama Administration have been historic and eventful. The first openly liberal president in a generation has dramatically increased government spending and intervention in the nation’s economy. The federal deficit soared to $1.65 trillion dollars and 35% of Americans now receive some type of government assistance. read more »