Americans are moving to middle-sized metropolitan areas, according to the latest Census Bureau population estimates. Between 2010 and 2015, all of the domestic migration gain was in a broadly defined middle of metropolitan areas between 250,000 and 5,000,000. Both above and below that range there were huge domestic migration losses. read more »
In principle, there is solid moral ground for the recent drive to boost the minimum wage to $15, with California and New York State taking dramatic steps Monday toward that goal. Low-wage workers have been losing ground for decades, as stagnant incomes have been eroded by higher living costs. read more »
In the United States, over 69 percent of all residents live in suburban areas. Across the globe many other developed countries are primarily suburban, while developing countries are increasingly suburbanizing. By 2050, an additional 2.7 billion people are anticipated to live in metropolitan regions around the world, and suburbs are a significant portion of this urban expansion. read more »
Yes, wealth concentration is insane. But the ways in which wealth is shifting are surprising—and give reason for a little optimism.
In an age of oligarchy, one should try to know one’s overlords—how they made their money, and where they want to take the country. By looking at the progress of the super-rich --- in contrast with most of us --- one can see the emerging and changing dynamics of American wealth. read more »
Lee Kwan Yew, one of the great political architects of our time, died a year ago, but the regime he established in Singapore remains entrenched in power. In fact, the parliamentary elections last year—to the surprise and consternation of Lee’s critics—enlarged his People’s Action Party (PAP) majority in Parliament from a record low of 60 percent to close to 70 percent. Despite talk of a “new normal” defined by more competitive politics, the city-state’s norms remain very much as they have been for the better part of a half century. read more »
My recent post on counting the long term costs of building rail transit got a lot of hits – and as expected a lot of pushback.
There are a lot of people out there that are simply committed to the idea of rail transit, no matter how unwarranted a particular line or system might be. read more »
As last week's US Census Bureau population estimates indicated, the story of population growth between 2014 and 2015 was largely about Texas, as it has been for the decade starting 2010 (See: “Texas Keeps Getting Bigger” The New Metropolitan Area Estimates). read more »
From 2009-11, Americans seemed to be clustering again in dense cities, to the great excitement urban boosters. The recently released 2015 Census population estimates confirm that was an anomaly. Americans have strongly returned to their decades long pattern of greater suburbanization and migration to lower-density, lower-cost metropolitan areas, largely in the South, Intermountain West and, most of all, in Texas. read more »
America’s baby boomers, even as they increasingly enter retirement, continue to dominate our political economy in ways no previous group of elderly has done. Sadly, their impact has also proven toxic, presenting our beleaguered electorate a likely Hobbesian presidential choice between a disliked, and distrusted, political veteran and a billionaire agitator most Americans find scary.
Throughout the campaign, boomers have provided the bedrock of support for both Hillary Clinton and Donald Trump. Bernie Sanders may have devastated Clinton among millennial voters, by almost 3-1, but she has more than offset that gap by winning overwhelming support from older voters. read more »