Economics

Chinese Investments in U.S. Bring Threats and Promise

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As if proliferating spy balloons and insidious TikTok feeds weren’t enough, America’s economic relationship with China also is going to get more complicated. And as usual when things are really important, Flyover Country will be right in the middle of it.  read more »

California Jobs: A Multi-Dimensional Problem

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“From the Beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.”
— Kevin Starr, “Americans and the California Dream, 1850-1915” (1973)  read more »

Mysteries of the Labor Force

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One of the enduring mysteries of contemporary society centers on the seeming disassociation of so much of the labor force from the economy.  read more »

The Future of Cities: The Future of the Big American City Is Not Bright

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As COVID-19 begins to wane and become endemic, the question for policymakers, theorists, and Americans at large is: What is in store for our nation's big cities?  read more »

Upward Mobility: Improving Conditions, Not Just Opportunities

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I’m old enough now to have grandnieces and nephews, and almost all of them have lower living standards and worse working conditions than their parents.  read more »

How the California Dream Became a Nighmare

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For Americans, California once looked like the future. It was a state defined by risk-taking and utopian dreaming. Yet for most Californians today, the upward mobility so central to the state’s ethos is rapidly disappearing.  read more »

The Rise of the Single Woke Female

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Unmarried women without children have been moving toward the Democratic Party for several years, but the 2022 midterms may have been their electoral coming out party as they proved the chief break on the predicted Republican wave.  read more »

California's Budget Surplus Has Vanished; Its Economy is Facing a Harsh Reality

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The much-celebrated California boom is facing a harsh reality.

Everything was looking good, based on enormous growth in capital gains in tech stocks and property, and some in Sacramento assumed the bounty would last — until it didn’t.  read more »

Welcome to Austin

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I'm going to make a little deviation from the bulk of the "Welcome to..." stories you see below, which mostly focus on South Side Chicago neighborhoods (the exceptions are Rosemont, in Chicago's northwest suburbs, and Park Forest, in the south suburbs).  read more »

It's Time for Region to Collect Opportunity We Left on the Table

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For all the talk about how the pandemic, remote work, social distancing and other huge new developments have dislodged traditional patterns in business and life in America and created vast new opportunities in the process, Flyover Country has left a lot on the table.  read more »