An April 27 Wall Street Journal book review by Simon Winchester descends into a petty squabble about whether the volcanic eruptions on Mount Tambora (1815) and Krakatoa (1883), both located in Indonesia, was more significant.  read more »

I, like most members of the middle class, particularly in California, just paid a tax bill that seemed less like my fair share than a shakedown by the Mafia. Increasingly, for people who run small businesses or earn a decent income, the tax bite is becoming ever more like in Europe, with total bills in high-tax states like ours reaching upward of 40 percent. It’s like paying the bill for a big dinner without eating the food – we get hammered like Swedes but without the free education, health care and other benefits of a more conventional welfare state.  read more »

This is the executive summary from a new report, America’s Emerging Housing Crisis, published by National Community Renaissance, and authored by Joel Kotkin and Wendell Cox. Download the report and the supplement report below.

From the earliest settlement of the country, Americans have looked at their homes and apartments as critical elements of their own aspirations for a better life. In good times, when construction is strong, the opportunities for better, more spacious and congenial housing—whether for buyers or renters—tends to increase. But in harsher conditions, when there has been less new construction, people have been forced to accept overcrowded, overpriced and less desirable accommodations.  read more »

Fine art resides not only in the cosmopolitan cities. It lived, as we saw in the recent movie “The Monument Men”, in the many villages of Europe. Right now, we are seeing it living on the periphery of Orlando, Florida.  read more »

Worship at the altar of what is labelled big data is rampant in both corporate and large not-for-profit settings. And while there is some general sense that big data arrives at warp-speed and involves huge datasets from very diverse sources and methodologies, there is no consensus and little discussion of what comprises meaningful and valid “big” datasets.  read more »

Philadelphia was America's first large city and served as the nation's capital for all but nine months between the inauguration of George Washington is the first president in 1789 and the capital transferred to Washington, DC in 1800.

Before the early 1900s, the United States Census Bureau had not developed a metropolitan area (labor market area) concept. However, the website peakbagger.com has attempted to define earlier metropolitan areas based on concepts similar to those used today. In the case of Philadelphia, this is important, because it was somewhat unique in having virtually adjacent, highly populated suburbs that make comparisons of municipal populations (the only population data available) misleading.  read more »

So much spit has flown on the topic of gentrification in New York City that it seemed at best superfluous and at worst suspicious for New York Times chief film critic A.O. Scott to say anything at all about the subject. But Scott couldn’t resist. In "Whose Brooklyn Is It, Anyway?" last month, Scott stuck a toehold into the debate sparked by film director Spike Lee, whose 7-minute rant against gentrification recently went viral.  read more »

As the recovery from the Great Recession stretches into its fifth year, the locus of economic momentum has shifted. In the early years of the recession, the cities that created the most jobs — sometimes the only ones — were either government- or military-dominated (Washington, D.C.;  Kileen-Temple-Fort Hood, Texas), or were powered by the energy boom in Texas, Oklahoma and the northern Great Plains.  read more »

Over the past few years, particularly since the bursting of the housing bubble, there have been increasing calls for middle-class Americans to “scale down” from their beloved private homes and seek a more constrained existence. Among these voices recently was Michael Milken, for whom I have worked and have enormous respect. He suggested Americans would be better off not buying homes and living smaller, for the sake of their own economic situations, families and the environment.  read more »

Silicon Valley’s biggest names—Google, Apple, Intel and Adobe—reached a settlement today in a contentious $3 billion anti-trust suit brought by workers who accused the tech giants of secretly colluding to not recruit each other’s employees.  read more »