The rising tech oligarchy, having disrupted everything from hotels and taxis to banking, music and travel, is also taking over the content side of the media business. In the process, we might see the future decline of traditional media, including both news and entertainment, and a huge shift in media power away from both Hollywood and New York and toward the Bay Area and Seattle. read more »
The major metropolitan area journey to work data is out, reported in the American Community Survey ‘s 2014 one year edition. The news is that there is not much news. Little has changed since 2010 despite all the talk about “peak car” and a supposed massive shift towards transit. Single occupant driving remains by far the largest mode of transport to work in the 53 major metropolitan areas (with over 1,000,000 population), having moved from 73.5 percent of commutes to 73.6 percent. read more »
This is Cherry Hill. It is by far the most desirable suburb in this part of southern New Jersey as measured by all the usual metrics. Property values are high. Public schools are great. The municipal government is lean and responsive. This is as good as the American Dream gets. read more »
Average pay varies widely among U.S. cities, but those chasing work opportunities would do well to keep an eye on costs as well. Salaries may be higher on the East and West coasts, but for the most part, equally high prices there mean that the fatter paychecks aren’t necessarily getting the locals ahead. read more »
My recent post about how urban planning decisions helped lead to the Motown sound in Detroit was inspired by David Maraniss’ new book Once in a Great City: A Detroit Story.
The book takes a deep dive into Detroit 1963, a city that was, although in some ways already in decline, in others near its zenith.
It’s a great read, in particularly for the depth of characterization. Too often Detroit writing is a story of heroes, villains, and victims. Maraniss rejects that approach and provides mostly nuanced portrayals of Detroiters that allows them to be the actual real, red-blooded human beings that they are. read more »
For decades, the decline in China’s birth rate was a big boost for the economy. What now?
This week, schadenfreude could have been a word invented for China experts if you judge by some of the commentary surrounding the country’s lifting of its one-child policy. Most got it right that the legacy of the one-child policy is now a problem for the Chinese economy because of a rapidly rising old-age dependency ratio (green line in the first chart below). This was tacitly acknowledged by the lifting of the policy. read more »
The adage “demographics are destiny” is increasingly being replaced by a notion that population trends should actually shape policy. As the power of projection grows, governments around the world find themselves looking to find ways to counteract elaborate and potentially threatening population models before they become reality. read more »
"He who controls Berlin, controls Germany, and who controls Germany, controls Europe." V.I. Lenin (but also attributed to Karl Marx, and sometimes to Otto von Bismarck)
About the time that Syrian refugees were on the march to Germany’s safe havens, I spent a few days in Berlin, which is not only the capital of reunified Germany, but the unofficial capital of the European Union, as well as being hipster ground zero. read more »
What is the Midwest? There’s been a lot of debate about this question among folks passionate about such thing. But it defies easy definition. Here are eleven ways various people have taken a crack at drawing the map.
1. The Northwest Territory
Start with the original Northwest Territory, now sometimes referred to as the Great Lakes region. This is the historic core of what we now think of as the Midwest. read more »
Sandy Ikeda and I have published a new Mercatus paper on the regressive effects of land use regulation. We review the empirical literature on how the effects of rules such as maximum density, parking requirements, urban growth boundaries, and historic preservation affect housing prices. Nearly all of the studies on the price effects of land use regulations find that — as supply and demand analysis would predict — these rules increase the price of housing. read more »