Maryland officials have announced that a proposal to build a maglev line from Washington to Baltimore has received a commitment for the feasibility study of $2 million from Japanese government. read more »
When comparing the health of state economies, we usually look at employment and incomes. Another critical indicator worth closer attention is where Americans choose to move, and the places they are leaving.
American history has been shaped by migration, from England to the Eastern seaboard, and later from the Atlantic Coast toward the Midwest, and later to the Pacific. read more »
Cronyism remains unchecked in the world’s largest economy.
We might object to the phrase crony capitalism for two reasons:
First, because cronyism is in some ways the antithesis of capitalism. The freedom to compete and the freedom to fail that are central tenets of capitalism are severely compromised by cronyism when in the former case powerful politicians intervene to shield their friends in business and finance from competition, and in the latter intervene again to save them from bankruptcy or occasionally from criminal prosecution. Of course, these friends in turn are no disloyal slouches and they later show themselves to be supremely appreciative by underwriting, financially and otherwise, those same politicians who had all but guaranteed their continued dominance in normal times and their survival against bad odds in times of distress. read more »
Conventional wisdom tells us that all evangelicals must be anti-union because they are theologically and politically conservative. Therefore, you might assume, labor has nothing to gain from the sixty two million adult adherents of evangelicalism in the U.S. Yet evangelicals were at the forefront of many progressive movements in the nineteenth century, such as abolitionism. Today, evangelicals play leading roles in issues of climate change, immigration reform, torture, and human trafficking. Some are also active in the labor movement. read more »
I have seen the best minds of my generation, to steal a phrase from the late Allen Ginsberg, driven to heights of self-absorption, advocating policies that assure the failure of the next. Nothing so suggests the failure of my generation — the boomers — than its two representatives running for president.
What Hillary Clinton and Donald Trump reflect are two sides of the same nasty boomer coin. read more »
I was walking home from downtown San Francisco and passed through the South of Market neighborhood. The area is full of tech company offices like Twitter, Uber, and Airbnb. I saw this minivan advertising, “Low Cost Commuting” and “Ride Share” with the Enterprise Rent-A-Car logo and thought hmmmmm. read more »
Jerry Brown worrying about the California housing crisis is akin to the French policeman played by Claude Rains in “Casablanca” being “shocked, shocked” about gambling at the bar where he himself collects his winnings.
Brown has long been at the forefront on drafting and enforcing regulations that make building housing both difficult and very expensive. And now he has pushed new legislation, which seems certain to be passed by the Legislature and signed by the governor, that makes it worse by imposing even more stringent regulations on greenhouse gas emissions, mandating a 40 percent cut from 1990 levels by 2030. read more »
The stirring speech made by the openly gay tech billionaire Peter Thiel at the Republican National Convention in Cleveland marked a critical change in the nature of the Culture Wars in the US. Rather than boo him for talking about his sexuality, or using it as a convenient opportunity for indulging in prayer, the sometimes less than gay-friendly GOP greeted his affirmation of his ‘proud’ sexuality with cheers, not jeers. read more »
The Port of Shanghai is by far the largest seaport in the world, according to the authoritative 2014 figures published by the American Association of Port Authorities. AAPA is an "alliance of the ports of Canada, the Caribbean, Latin America and the United States." read more »
Middle-class rage has dominated this election, but ultimately 2016 seems destined to produce not a populist victory but the triumph of oligarchy. Blame goes to a large section of the middle and working class itself, which, in rejecting political convention, ended up with a candidate who never would have served their interests. You can blame “elites” all you want, but in a republic, citizens need to act responsibly. And choosing Donald Trump doesn’t fit that description. read more »