business

Feudal Future Podcast — AI and the Future of Governance

Joel Kotkin and Marshall Toplansky — Mon, 25 Aug 2025 20:05:03 -0400

The technological revolution of artificial intelligence isn't just changing how businesses operate—it's transforming how they're governed. In this riveting conversation, we're joined by Dean Yoost, former senior partner at PWC, and Ashwin Rangan, CEO of DoubleCheck, to explore their groundbreaking book "Governance in the Age of AI: A Director's Handbook."

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The Center for Demographics and Policy focuses on research and analysis of global, national, and regional demographic trends and explores policies that might produce favorable demographic results over time. It involves Chapman students in demographic research under the supervision of the Center’s senior staff.

Students work with the Center’s director and engage in research that will serve them well as they look to develop their careers in business, the social sciences, and the arts. Students also have access to our advisory board, which includes distinguished Chapman faculty and major demographic scholars from across the country and the world.

For additional information, please contact Mahnaz Asghari, Associate Director of the Center for Demographics and Policy, at (714) 744-7635 or asghari@chapman.edu

Tweet thoughts: @joelkotkin, @mtoplansky, #FeudalFuture #BeyondFeudalism

Learn more about Joel’s book ‘The Coming of Neo-Feudalism‘

This show is presented by the Chapman Center for Demographics and Policy, which focuses on research and analysis of global, national and regional demographic trends and explores policies that might produce favorable demographic results over time.

Feudal Future Podcast — From Boardrooms to Government

Joel Kotkin and Marshall Toplansky — Wed, 20 Nov 2024 20:43:26 -0500

What happens when business leaders swap boardrooms for the halls of government? Tevi Troy joins us to unpack this fascinating transition with insights from his book, "The Power and the Money." Together, we navigate the evolving political alliances in the business world, especially the shift from traditional industrial powerhouses to tech giants and cultural influencers like Silicon Valley and Hollywood, and their impact on political landscapes. Discover how figures like Elon Musk are not just captains of industry but pivotal players in shaping electoral outcomes and influencing other CEOs.

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For additional information, please contact Mahnaz Asghari, sponsored project analyst for the Office of Research, at (714) 744-7635 or asghari@chapman.edu.

Tweet thoughts: @joelkotkin, @mtoplansky, #FeudalFuture #BeyondFeudalism

Learn more about Joel’s book ‘The Coming of Neo-Feudalism‘

Even Elon Musk is Leaving California Behind

Joel Kotkin — Fri, 08 Oct 2021 21:07:21 -0400

The announcement that Tesla is moving its headquarters to Texas may not be a surprise, but it confirms trends that California’s progressive gentry simply refuse to acknowledge. Tesla, among the diminishing number of large manufacturers based in the state, joins a growing exodus that includes such tech giants as Oracle and Hewlett Packard, financial firms like Charles Schwab, and a host of high-end engineering and business service companies.

None of this will change the “What, me worry?” crowd in Sacramento, fresh off an impressive recall win, and their media claque, who see no “exodus” despite the fact that since 2000, 2.6 million domestic migrants — a population larger than the cities of San Francisco, San Diego, and Anaheim combined — have moved from California to other parts of the United States.

Read the rest of this piece at UnHerd.

Joel Kotkin is the author of The Coming of Neo-Feudalism: A Warning to the Global Middle Class. He is the Roger Hobbs Presidential Fellow in Urban Futures at Chapman University and Executive Director for Urban Reform Institute. Learn more at joelkotkin.com and follow him on Twitter @joelkotkin.

PwC to Employees: Work for Us, Live Anywhere

Wendell Cox — Mon, 04 Oct 2021 11:21:37 -0400

According to the The Wall Street Journal, “The accounting and consulting giant PricewaterhouseCoopers LLP says most of its U.S. employees can now live anywhere in the country, in the latest sign that the pandemic is upending traditional working arrangements in a variety of white-collar roles. The article, by Chip Cutter cites similar development among other major companies. For example, Facebook is expanding eligibility for remote work to “all levels of the company.” Those employees not able to obtain permission to work remotely “would be expected to come into the office, at a minimum, 50% of the time.” This means that employees will be able to work remotely up to a maximum of 50% of the time, a practice virtually unheard of among major companies before the pandemic.

The article also references a Massachusetts Mutual Life Insurance Company survey finding that only 41% of pandemic remote workers “looked forward to returning to the office.” A hybrid approach, working both in the office and remotely, was favored by 29%. Ten percent of workers were not comfortable returning to the office “in any capacity.” This is similar to a research by Jose Maria Barrero, Nicholas Bloom, and Steven J. Davis to the effect that many employees will resist returning to the office, out of a “residual fear of proximity” (infection).

Wendell Cox is principal of Demographia, an international public policy firm located in the St. Louis metropolitan area. He is a founding senior fellow at the Urban Reform Institute, Houston, a Senior Fellow with the Frontier Centre for Public Policy in Winnipeg and a member of the Advisory Board of the Center for Demographics and Policy at Chapman University in Orange, California. He has served as a visiting professor at the Conservatoire National des Arts et Metiers in Paris. His principal interests are economics, poverty alleviation, demographics, urban policy and transport. He is co-author of the annual Demographia International Housing Affordability Survey and author of Demographia World Urban Areas.

Mayor Tom Bradley appointed him to three terms on the Los Angeles County Transportation Commission (1977-1985) and Speaker of the House Newt Gingrich appointed him to the Amtrak Reform Council, to complete the unexpired term of New Jersey Governor Christine Todd Whitman (1999-2002). He is author of War on the Dream: How Anti-Sprawl Policy Threatens the Quality of Life and Toward More Prosperous Cities: A Framing Essay on Urban Areas, Transport, Planning and the Dimensions of Sustainability.

Quebec to Start 3-Day Work at Home Policy in 2022

Wendell Cox — Thu, 01 Jul 2021 13:24:33 -0400

Evidence keeps mounting that conversion to the “hybrid” or “cloud” employment model is gaining steam. The Quebec government has announced its back to work program for provincial employees. The government administration Minister, Sonia LeBel announced that starting on September 7, up to one half of employees will be allowed to work from the office one or two days per week. After November 15, all employees will be required to work two days per week in the office.

Labour Minister Jean Boulet stressed that even with the hybrid model “If the 2-metre distance can’t be respected, we will have to ensure that there are physical barriers in place and that people wear a mask… Everyone will need to know how to respect these principles. Until Sept. 7, we have ample time to prepare and plan properly.”

The two Ministers also announced that all employees “whose job allows it” will be able to work up to three days at home starting at the beginning of 2022.

Minister LeBel said “The ‘3-2’ formula strikes the right balance. It gives workers the benefits of teleworking while consolidating our workplaces and strengthening the sense of belonging among employees.”

The province employs 60,000.

The complete story is available in the Montreal Gazette (Gradual return' to offices for Quebec government workers starts Sept. 7).

Super Bowl Sunday is Flyover Affair — Down to the Ads

Dale Buss — Fri, 05 Feb 2021 12:15:44 -0500

This year, the Big Game is about Flyover Country more than ever. Two of our teams are battling it out. They’re contesting on one of our fields. And their strivings on the gridiron will be accompanied by an ample chorus of TV and digital advertisements by companies that hail from the heartland, ranging from automakers to insurers to food processors to mortgage brokers.

There’s no telling the outcome of Super Bowl LV in a potentially great, quarterback-led match-up in Raymond James Stadium in Tampa between the Tampa Bay Buccaneers of Tom Brady and Patrick Mahomes’s Kansas City Chiefs, the reigning champions. But you can be certain that advertisers based in the middle of America will be providing plenty of great commercial moments to the rest of the country and the world.

Read the rest of this piece at The Flyover Coalition.

Dale Buss is founder and executive director of The Flyover Coalition, a not-for-profit organization aimed at helping revitalize and promote the economy, companies and people of the region between the Appalachians and Rockies, the Gulf Coast and the Great Lakes. He is a long-time author, journalist, and magazine and newspaper editor, and contributor to Chief Executive, Forbes, the Wall Street Journal, the New York Times and many other publications. Buss is a Wisconsin native who lives in Michigan and has also lived in Texas, Pennsylvania and Florida.

Virtual Town Hall: Revitalizing California's Business Climate

New Geography — Fri, 08 Jan 2021 20:12:12 -0500

You are invited to join Chapman University’s Vice President of Research Thomas Piechota who will host the next Ask the Experts Town Hall on Friday, January 22, from 11 – 12:30 P.M. (PST). The installment this month will be moderated by Dean Thomas Turk of the Argyros School of Business and Economics who will be joined by Joel Kotkin, Presidential Fellow in Urban Futures at Chapman University and Marshall Toplansky, Clinical Assistant Professor of Management Science at Chapman University. Together, Chapman faculty will be joined by local community experts: Lucy Dunn, President and CEO, Orange County Business Council; Tracy Hernandez, CEO, Los Angeles County Business Federation; Jim Wunderman, President and CEO, Bay Area Council; and Rob Lapsley, President, California Business Roundtable.

Alongside Chapman faculty, our distinguished guests will discuss how best California’s business climate can be revitalized to avoid the loss of companies, higher unemployment rates, and poverty. They will also explore how businesses can be key to correcting these problems including encouraging government to listen more to the challenges being faced.

The entire Chapman community (staff, faculty, and students) and the broader community are welcome to join. Register for the webinar here, or visit the Ask the Experts Website.

For more information visit blogs.chapman.edu/

Guest Experts

Joel Kotkin, Presidential Fellow in Urban Futures, Chapman University

Marshall Toplansky, Clinical Assistant Professor of Management Science at Chapman University

Lucy Dunn, President and CEO, Orange County Business Council

Tracy Hernandez, CEO Los Angeles County Business Federation, Los Angeles

Jim Wunderman, President and CEO, Bay Area Council

Rob Lapsley, President, California Business Roundtable

Feudal Future Podcast — How COVID is Shifting Corporate Location Strategy with Jay Garner

Charlie Stephens — Wed, 16 Sep 2020 12:23:28 -0400

On today's episode of Feudal Future hosts Joel Kotkin and Marshall Toplansky welcome Jay Garner. Jay is CEO of Garner Economics as well as the Chair of the Site Selectors Guild. This episode explores the topic of site selection and how companies are choosing sites for their expansions. The group talks about how these types of decisions have been affected by the pandemic. Jay explains to listeners that the Site Selectors Guild are peer-selected location advisors that help facilitate location decisions of companies all over the world.

Joel asks Jay how site selection has changed during the pandemic. Jay explains that there was a pivot - He says, “...what we did pre-pandemic and what companies seem to be doing differently, with respect to different industry sectors - is changing significantly.” Jay explains information found in a survey or their membership that happened in April of 2020. About 49% of corporations surveyed said they were not continuing projects at that time. In June 2020, when the membership was surveyed again, there was an increase of global activity with companies moving forward with their projects. Another survey will be done in September.

Marshall talks about how he and Joel have researched future housing trends. He describes the trend of people moving out of expensive, big cities to more affordable and smaller cities. Marshall asks if Jay has seen a trend in projects in these areas. Jay explains that these were actually trends before the pandemic! Other than the price, another reason for this is that millennials are getting to the age where they want more space. He also says that public safety is very important to people.

The group talks about how remote work is affecting large companies. Jay talks specifically about remote work and productivity, cost, and how it is affecting employees’ creativity. Teamwork and creativity could be negatively affected by remote work. Jay says that long term, he thinks we will get back to working socially (depending on the status of therapeutics and a vaccine). The group talks about the potential changes in people after the pandemic.

Jay explains that most of his comments are his opinions, not necessarily that of the Site Selectors Guild.

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McKesson Moves to DFW from San Francisco

Wendell Cox — Wed, 05 Dec 2018 15:32:02 -0500

The Dallas-Fort Worth metropolitan area (DFW) will be the new headquarters of McKesson, the nation’s largest pharmaceutical distributor, the company announced this week. DFW will now have three of the top 10 companies in the Fortune 500 (ranked by total revenue). No other metropolitan area has more than one of the top 10. Dallas-Fort Worth is also home to Exxon-Mobil, the second largest company and AT&T, ranked ninth.

This continues the high-profile exodus of companies from California, with its high cost of living and Chief Executive Magazine ranking as the worst state for business. Not surprisingly, McKesson chose the state ranked as best for business, Texas.

Replaced by a Machine

Susanne Trimbath — Mon, 12 Mar 2012 00:26:54 -0400

I love the Omaha World Herald – I read papers all over the world and this one is the best local paper I’ve seen. The bias is largely limited to the Opinion pages and they do original research on local topics. For national and world news, they have reporters outside the Omaha metro, but they also include the best of the news wire articles. The paper is a readable length, yet it contains enough stories that you know what’s going on but not so many that it’s a repeat of the nightly news from the national broadcast networks. Mostly, I like the way they let the reader connect the dots.

A perfect example appeared on Sunday March 11, 2012 on page 10A in the print edition. Two stories occupy the three columns on the left side of the page. The story occupying the top of the three columns is about IBM’s Watson supercomputer (from Bloomberg news). Watson’s newest consulting client will be Wall Street bank Citigroup, Inc. “the third-largest U.S. lender.” Directly beneath that is a story from the Associated Press (AP) about Main Street abandoning Wall Street – seems that if individual “ordinary” investors do not start giving their money to Wall Street banks again soon, the re-inflated stock market bubble will deflate – bye-bye Dow 15,000.

How do these two stories relate? Well, Citigroup is feeding information to Watson on “sentiment and news not in the usual metrics” like what you post on Facebook or search on Google. Citigroup will use Watson to “analyze customers’ needs” and process that with their client data to figure out how to get you to put your money back where it makes them the most money in fees and commissions.

Watson doesn’t come cheap – according to the Bloomberg News article, banks spent $400 billion last year on “information technology,” helping to generate $107 billion in revenue for IBM. How can banks afford to spend billions of dollars to get consultations with a computer? The answer is in the AP article in the bottom of the same columns: “corporate America has racked up double-digit profit gains” since the official end of the Great Recession in 2009.

These two articles make me a little happy. The first one pleases the economist in me because an American company with a real product is going to thrive by charging Wall Street billions of dollars for something. The second article pleases me because it means that Main Street got the message – don’t eat the hot dogs at the Wall Street party because the fuel for the weenie roast is your future. Let the machines do it.

[NOTE: Omaha.com links are available without registration for up to 2 weeks after publication. Access to the archives requires email registration.]

Susanne Trimbath, Ph.D. is CEO and Chief Economist of STP Advisory Services. Dr. Trimbath’s credits include appearances on national television and radio programs and the Emmy® Award nominated Bloomberg report Phantom Shares. She appears in four documentaries on the financial crisis, including Stock Shock: the Rise of Sirius XM and Collapse of Wall Street Ethics and the newly released Wall Street Conspiracy. Dr. Trimbath was formerly Senior Research Economist at the Milken Institute. She served as Senior Advisor on United States Agency for International Development capital markets projects in Russia, Romania and Ukraine. Dr. Trimbath teaches graduate and undergraduate finance and economics.