Florida is on track to break the 20 million population mark by 2016, or possibly even this year. The Sunshine State will displace New York as the third most populous state in the country, just behind California and Texas. Nationally, rural counties absorb a lot of newcomers of modest income or fixed income seeking affordable places to live. Here in Orlando, however, banks and developers are betting big on a newfound taste for the urban lifestyle, beckoning new arrivals with hip-looking apartments and parking garages, often coupled with shopping plazas full of pricey, name-brand retailers. read more »
The fortunes of the city of Chicago have become clouded in recent years as concerns over its weakening finances and heavy debt obligations have grown. The tally for the unfunded public employee debt obligations of Chicago’s overlapping units of local governments (including those for public schools, parks, and county services) is now approaching $30 billion. Moreover, the city government has been criticized for its practices of funding current public services with proceeds from the issuance of long-term debt and the long-term leases of public assets (such as its parking meter system). read more »
There is nothing like a trip to Washington, D.C., to show how out of touch America’s ruling classes have become. I was in the nation’s capital to appear on a panel for a Politico event that – well after I agreed to come – was titled “Booming Cities, Busting Suburbs.”
The notion of cities rising from the rotting carcass of suburbia is widely accepted today by much of our corporate, academic and media leadership. This notion has been repeatedly embraced as well by the Obama administration, whose own former secretary of Housing and Urban Development declared several years back that the suburbs were dying, and people were “moving back to the central cities.” read more »
The recent passage by Congress of new legislation favourable to loosening controls on risky Wall Street trading is just the most recent example of the consolidation of plutocratic power in Washington. read more »
The new Census Bureau state and District of Columbia population estimates indicate that North Dakota grew at the fastest rate from the 2010 census, displacing the District of Columbia, which had grown the fastest from 2010 to 2013. Seven of the 10 fastest growing areas were in the South and West between 2010 and 2014. Only one state, West Virginia, suffered a population loss between 2010 and 2014 (-0.1 percent). read more »
We’ve come to the end of another year at New Geography. Here’s a look back at the most popular pieces from 2013. Happy New Year, and thanks for reading.
12. The Rust Belt Roars Back from the Dead In December, Joel and Richey Piiparinen laid out the case for the rustbelt resurgence based on human capital and a new maker economy. This piece also appeared at The Daily Beast.
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Global cities are like that famous quip on obscenity: we know one when we see it. But the definitions of global cities are incredibly varied and there doesn’t seem to be a consensus or well-defined way to think about. I looked at the criteria used in various prominent studies back in 2012 and found them highly divergent. Only the Sassen based one appeared to have a robust definition and theoretical basis, but it’s a pretty narrow definition. read more »
In this information age, brains are supposed to be the most valued economic currency. For California, where the regulatory environment is more difficult for companies and people who make things, this is even more the case. Generally speaking, those areas that have the heaviest concentration of educated people generally do better than those who don’t. read more »
The urban cores of the nation's 52 major metropolitan areas (over 1 million population) lost nearly one-fifth of their school age population between 2000 and 2010. This is according an analysis of small area age group data for children aged 5 to 14 from Census Bureau data, using the City Sector Model. Over the period, the share of 5 to 14 age residents living in the functional urban cores declined from 15.0 percent to 12.0 percent (Figure 1). read more »
Is the demise of the ruble, together with falling crude oil prices, comeuppance for President Vladimir Putin’s expansionist dreams? That’s certainly the storyline of those holding faith in economic sanctions. In their eyes, he foolishly land grabbed eastern Ukraine and Crimea, and in exchange got back a cratered Russian economy, with a debased currency and little access to Western financial markets. Heck of a job, Vlad.
The victors, presumably, are the sanction wizards of Washington and London who stared down the barrels of Putin’s tanks and fifth columnists. read more »