Glad to See Home Team Win Kohl's Struggle with Activist Shareholders

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No, I’m not very happy that Kohl’s CEO Michelle Gass ended up taking more home in total compensation for 2020 than she did for 2019, for a year in which the company furloughed about 85,000 employees and closed its more than 1,100 stores nationwide for several weeks.  read more »

Who Will Control the 21st Century? Whoever Controls Space

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It's impossible to predict the future. But one thing you can be sure of: Few things will be of more important to the lives of our children than who wins the emerging, epoch-defining struggle for control of space.

This is a battle just beginning over who will control the communication satellites so central to our economy as well as the vast resources of other planets. But ultimately, the new space battle represents a war over opportunities for colonization, for an increasingly resource-stretched and crowded earth.  read more »

Protect Neighborhoods by Saving Zoning

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Atlanta, your city government is trying to trick you.

Now that sentence, all by itself, may not seem to you like a “man-bites-dog” lead.  read more »

Historically Black and White Neighborhoods Share Opposition to Affordable Housing Apartment Complexes

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The Dallas Morning News editorial, A Blow to Affordable Housing, illuminates the opposition to the affordable housing apartment complex by the historically Black neighborhood, Hamilton Park. They are joined by the ethnically diverse neighborhood area of Stults Road in their opposition to this proposed apartment complex named Cypress Creek at Forest Lane.  read more »

California Governor Newsom's Energy Policies Biased Against Those Who Voted For Him

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It has been a tough year for everyone during the pandemic, but more so on the lower income portion of the population. As we emerge from an emotionally and financially challenging year, we are seeing that the wealthy and middle-income folks have mostly recovered. The bottom half remain far from it.  read more »

Spend Federal Boon Wisely, and Flyover Country Can Win

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The mad dash for states, cities and other local units of government to spend the Biden-administration largess has begun. Once the floodgates are opened in a few weeks and the trillions of dollars in “Covid relief,” infrastructure “investment” and other sources of new federal bounty actually start flowing to jurisdictions across the country, America will see a government-spending spree the likes of which this nation has never experienced – not even in the midst of the Great Depression.  read more »

Hope and Fear: Can We Avoid a Racial Apocalypse?

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Jamil Ford still recalls the disorders of late May. ‘It was like Baghdad’, he recalls, even as jurors listen to the arguments during the trial of Derek Chauvin, the police officer accused of killing George Floyd. ‘I constantly think about it. The past history does not go away’, the African-American architect recalls, noting with trepidation possible National Guard deployments. ‘The mental part is still there.’  read more »

What Happened to Social Democracy?

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In a world that seems to be divided between neoliberal orthodoxy and identitarian dogmas, it is possible to miss the waning presence of traditional social democracy. Born of the radical Left in Marx’s own time, social democrats worked, sometimes with remarkable success, to improve the living standards of working people by accommodating the virtues of capitalism. Today, that kind of social democracy—learned at home from my immigrant grandparents and from the late Michael Harrington, one time head of the American Socialist Party—is all but dead.  read more »

Is It Western Europe's Turn for a Brain Drain?

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While much of the focus is on the Covid-19 pandemic, the geography of Europe’s knowledge intensive jobs is being reshaped. For the fifth year, the European Centre for Entrepreneurship and Policy Reform (ECEPR) has in collaboration with Nordic Capital, a leading Nordic private equity firm, mapped the locations of knowledge intensive jobs of Europe. The brain business jobs index examines jobs in four knowledge-intensive industries—the tech sector, information and communications technology (ICT), advanced services, and creative professions.  read more »

The National Academy of Wishful Thinking

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Democrats want to build more transit infrastructure in order to reduce greenhouse gas emissions. The only problem is that transit emits as much or more greenhouse gases, per passenger mile, as the average car. In fact, transit is less climate friendly than driving in all but a handful of cities.  read more »