Newgeography.com - Economic, demographic, and political commentary about places

An article about the resurgence of independent bookstores has been making the rounds.

"Between 2009 and 2015, more than 570 independent bookstores opened in the U.S., bringing the total to more than 2,200; that’s about a 35 percent jump after more than a decade of decline. The surprise recovery may hold lessons for other small retailers. Stores like Anderson’s are helping Harvard Business School professor Ryan Raffaelli solve an economic mystery. “I often say, these are stories of hope,” Raffaelli laughed."

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Today it is commonly believed that advanced business is a European or even American invention, while the Middle East is a place of eternal non-economic conflict. Yet in reality, the first enterprises and banks evolved in Iraq and Syria, many millennia ago. For most of human history, the bazaars of Aleppo, Baghdad, and Hormuz have been among the most outstanding, and prosperous, centres of global commerce.  read more »

Among America’s largest metropolitan areas, the economic leaders come in two flavors: Southern-fried and West Coast organic. The first group flourishes across a broad range of industries, fed by strong domestic in-migration and a friendly business climate. The other is driven largely by technology and high-end business services clustered around expensive but highly desirable urban areas.  read more »

It’s been a half century since Ronald Reagan shocked California, and the nation, by beating the late Pat Brown for governor by a million votes. Yet although the Republican Party is a shadow of its mid-20th century form, there are some clear signs that growing discontent — including among independents and many Democrats today — with the regime forged by Brown’s son Jerry, with which so many progressives are deeply enamored.  read more »

Urban planning exists to serve people and communities, not the other way around. Unfortunately, urban planners these days, perhaps under the influence of academic arrogance as well as the lure of developer dollars, seem to forget this simple truism.  read more »

With unemployment down and wages rising, there’s growing concern that a lengthy and potentially crippling talent shortage will sweep the U.S. Addressing this could become a critical issue for businesses competing with Asian and European firms facing similar and, in many ways, more severe shortages.  read more »

Rent control supporters in California recently announced that they have enough signatures to qualify a state proposition to remove limitations on municipalities to control rents. Their purpose is to improve housing affordability in the nation’s most unaffordable state. However, should the proposition pass, the net effect is likely to be less new rental housing, as investors are likely to flee the market, as they routinely have before.  read more »

So I got into a rather interesting discussion last week in the comments section of Aaron Renn's Urbanophile website in a piece he wrote about population transformation in Pittsburgh and Chicago. And it led to some, well, interesting points that deserve more comment.  read more »

In the past, wrote historian Kevin Starr, California “was a final frontier: of geography and of expectation.” Today in the Trump era, California remains a frontier, but increasingly one that appeals largely to progressives. “California,” recently suggested progressive journalists Peter Leyden and Ruy Teixeira, “today provides a model for America as a whole.”  read more »

Last week I posted an article talking about the maturity curve, or the lifecycle arc from incubation to growth to maturity to decline that applies to so many things. And this weekend my review of Bruce Katz and Jeremy Nowak’s book The New Localism was published in the New York Times Book Review. These two items are related.  read more »