The Limits Of Politics

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Reversing the general course of history, economics or demography is never easy, despite even the most dogged efforts of the best-connected political operatives working today.

Since the 2006 elections – and even more so after 2008 – blue-state politicians have enjoyed a monopoly of power unprecedented in recent history. Hardcore blue staters control virtually every major Congressional committee, as well as the House Speakership and the White House. Yet they still have proved incapable of reversing the demographic and economic decline in the nation's most "progressive" cities and states.  read more »

Urbanity Drives Gay Rights Victory in Washington

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If anyone were to doubt that there really are two Washingtons, that the Seattle metropolitan core (and its playgrounds) are another world from most rural to small city Washington (especially east of the Cascade crest), a look at the maps for the vote on Referendum 71 last November should be persuasive. These are not subtle, marginal differences, but indisputable polarization in what political and cultural researchers may call the modernist-traditional divide.  read more »

Why New York City Needs a New Economic Strategy

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When Michael Bloomberg stood on the steps of City Hall last week to be sworn in for a third term as New York City's mayor, he spoke in upbeat terms about the challenges ahead. The situation, however, is far more difficult than he portrays it. American financial power has shifted from New York to Washington, while global clout moves toward Singapore, Hong Kong, and Shanghai. Even if the local economy rebounds, the traditional media industries that employ many of Bloomberg's influential constituents likely will continue to decline.  read more »

Obama's Elite Power Base

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Looking back at President Obama’s first year in office, this much is clear: Obama first enraged the right wing by seeming to veer far left, then turned off the left by seeming to abandon them. Even as Fox News fundamentalists rail against “socialism,” self-styled progressives like Naomi Klein scream about a “blown” opportunity to lead the nation from the swamp of darkest capitalism.

Both right- and left-wing critics fail to consider the fundamental nature of the Obama regime. This presidency represents not a traditional ideology but a new politics that mirrors the rise of a new, and potentially hegemonic class, one for which Obama is a near-perfect representative.  read more »

The Football Franchise Hustle: Financing the NFL

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The economics of professional football bring more than a few words to mind: scam, hoax, boondoggle, rip-off, racket, con, scheme, fix, subsidy, loophole, ruse, handout, set up, monopoly, and — well, why not — Jimmy Hoffa who, according to urban legend, was interred in the end zone in Giants Stadium.

An insider trading scheme dressed up as a professional sport, pro football finance incorporates everything fishy in the worlds of municipal finance, urban planning, government subsidies, cable television, and, even sometimes, sports.  read more »

New Geography Top Stories of 2009

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As we bring to a close our first full calendar year at NewGeography.com, we thought readers may be interested in which articles out of more than 350 published enjoyed the widest readership. It’s been a solid year of growth for the site; visits to the site over the past six months have more than tripled over last year and subscribers have increased by a factor of six. The list of popular articles is based both on.readership online and via RSS.  read more »

How California Went From Top of the Class to the Bottom

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California was once the world’s leading economy. People came here even during the depression and in the recession after World War II. In bad times, California’s economy provided a safe haven, hope, more opportunity than anywhere else. In good times, California was spectacular. Its economy was vibrant and growing. Opportunity was abundant. Housing was affordable. The state’s schools, K through Ph.D., were the envy of the world. A family could thrive for generations.  read more »

The Crisis Next Time: Public Finance

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The financial crisis of 2008 paved the way for the employment crisis of 2009, which has now paved the way for the upcoming public finance crisis of 2010. Most federal, state and municipal budgets are strained to the breaking point while the economy still has not found its footing. Meanwhile our national politics is obsessed with expensive overhauls of environmental policy and healthcare reform. Our latest policy strategy is an attempt to borrow and spend our way to prosperity, ala Japan of the past twenty years.  read more »

Don't Give Up On The U.S.

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If the U.S. were a stock, it would be trading at historic lows. The budget deficit is out of control, the economy is anemic and the political system is controlled by academic ideologues and Chicago hacks. Opposing them is a force largely comprised of know-nothings--to call them Neanderthals would be too complimentary.

Not surprisingly, many Americans have become pessimistic. Two in three adults now fear their children will be worse off than they are. Nearly 40% think China will become the world's dominant power in the next 20 years, as indicated by a recent survey.  read more »

The Good News in Florida’s Bad Times

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By Richard Reep

2009 was ugly. A swirl of dispiriting events stalled over much of the world this year, and Florida was no exception: state depopulation and tourism decline hit the state’s only two legitimate growth industries.

Yet the bad times contain within them some good news. This end of an era meant that economic planners might finally turn to productive industries to generate jobs and revenue, just like the rest of the nation.  read more »