Energy's Other Side

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The BP oil spill disaster likely spells the slowing down, or even curtailing, of offshore oil drilling for the foreseeable future. You can take California, Florida and much of the east coast off the energy-drilling map for years, perhaps decades.

But if the oil, gas and coal industries are widely detested on the coasts, people in Bismarck, N.D., have little incentive to join an anti-energy jihad. Like other interior energy centers, people in this small Missouri river city of over 100,000 see their rising oil-, gas- and coal-based economy as the key to a far more lucrative future.  read more »

The Vote: Democracy or Disease?

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When the California polls closed on Tuesday, the most costly primary race in the state's history—thus far—came to an end. Like many high profile races for Senator and Governor nationwide, the spending attracted national attention.

Of course, this isn't the first time that California politics and political trends have captured the national imagination and spread like a virus. Given the particularly brutal economic meltdown in California, one would not expect the state's notoriously dysfunctional governance system to be a role model for others to follow. Alas, it unfortunately seems that it is. Three examples below from the Midwest show that California-style governance definitely has its fans.  read more »

BEA Report: Printed Word Surplus? Brave New Books at Book Expo America

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If the future of the printed word lies inside the sleek case of Apple’s new iPad, get ready for illuminated manuscripts that will turn most books into animated cartoons. It was all on display at Book Expo America (BEA), the just-ended annual trade fair extravaganza that pulls together under one roof all the players in the publishing industry.  read more »

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Toronto's G-20 Conference: Financial Boon or Boondoggle?

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Ever since the ill fated 1999 WTO meeting in Seattle, there has been some debate over the merits of hosting meetings of international organizations in major cities. Some argue that there are economic spin offs from the tourism generated by these conferences, but others argue that the security costs far outweigh the benefits. In the lead up to the G-20 meeting in Toronto, scheduled for June 26-27, there has been a flurry of controversy over the price tag for conference security.  read more »

It is Time to Plant

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It is springtime in Kentucky – think foals and mares in the pristine meticulously fenced pastures. But, in another part of the state – the Appalachia region of eastern Kentucky – it is time to plant on those rocky hillsides. As my 90 year old father puts it, you plant your corn when tree buds are the size of squirrel ears. I confess to not having given a thought to whether squirrels even have ears or not ... but my father knows. He was born and raised in a part of the world where they know things like that, typical of the mostly Scots-Irish who settled there.  read more »

Can Europe’s Economy Turn Around If Its Great Cities Continue To Wither?

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Europe's Greece crisis has turned the world's attention to the continent's fundamental flaw: burgeoning public spending and sluggish growth in some of its national economies.

To the extent that Europe's more economically fragile countries cannot fix this flaw, Europe poses a global financial risk as toppling EU countries cannot meet their obligations and those left standing cannot prop them up. Only fiscal discipline and boosting growth can save Europe in the long-run.  read more »

The Suburban Exodus: Are We There Yet?

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For many years, critics of the suburban lifestyles that most Americans (not to mention Europeans, Japanese, Canadians and Australians) prefer have claimed that high-density housing is under-supplied by the market. This based on an implication that the people increasingly seek to abandon detached suburban housing for higher density multi-family housing.

The Suburbs: Slums of the Future?  read more »

Subdivisions: The Lots-Per-Minute Race

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When you get that morning cup of Java, do you desire the minimal flavor? How about your career, do you desire the most minimal pay check or profits or the most mundane of positions? Let’s assume for some reason that you said 'No, you would always want to strive for something better than the minimum'.

You now have three hats in front of you, one says “planner” on it, one says “engineer,” and the last one says “developer”. When you put on the “planner” hat, your job is to develop and enforce a set of rules that will guide the development of a city. You suggest to the council a set of standards that recommend the minimum dimensions and areas for residential or commercial projects that are brought in for approvals.  read more »

The Future Of America's Working Class

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Watford, England, sits at the end of a spur on the London tube's Metropolitan line, a somewhat dreary city of some 80,000 rising amid the pleasant green Hertfordshire countryside. Although not utterly destitute like parts of south or east London, its shabby High Street reflects a now-diminished British dream of class mobility. It also stands as a potential warning to the U.S., where working-class, blue-collar white Americans have been among the biggest losers in the country's deep, persistent recession.  read more »

An American History Post 2010: The Great Deconstruction

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There is a great battle brewing – the proverbial paradox of the immovable object versus an irresistible force. The battle lines are drawn. On one side is the Greatest Generation, Americans over 60, middle class and mostly white. Mainstream media calls them The Tea Party and worse.

On the other side is President Barack Obama and a younger generation of progressive Democrats who see the need for an ever more expansive government. The battlefield is spending and debt.  read more »