The announcement that Our Next Energy just lined up $25 million in Series A financing had an unfortunate if familiar cast to it when the Michigan-based electric-vehicle technology outfit announced its latest venture funding a few weeks ago. read more »
Detroit
Status Quo: Coastal VC Hierarchy is Key to Michigan Startup
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International Traffic Congestion Extinguished by Pandemic and Remote Work
The 2020 TomTom Traffic Index reflects a huge drop in worldwide urban traffic congestion levels. Congestion levels (rated by the percentage of additional time required for auto travel during “rush hour”) dropped in 387 urban areas while increasing in only 13. read more »
The Next Entrepreneurial Revolution
The coronavirus pandemic has altered the future of American business. The virus-driven disruption has proved more profound than anything imagined by Silicon Valley, costing more jobs than in any year since the Great Depression. read more »
Census Bureau Releases 2020 City Population Estimates
The US Census Bureau has just released its July 1, 2020 population estimates for the approximately 19,500 incorporated municipalities (principally called cities, towns, villages). This article provides information on the 50 largest municipalities in the nation (Table below). read more »
Combined Statistical Areas Lead Continuing Dispersion: 2010-2020
A commenter asked about population trends in combined statistical areas (CSA) in response to my article “Demographic Implosion in the San Francisco Bay Area?, posted on May 18. This article deals with CSA population trends in the 88 CSAs with more than 500,000 population. read more »
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The Rust Belt Aesthetic
Overseas competition. Automation replacing industrial labor. The inability to adapt to the global economy. Unions. Even the weather. Many reasons are given for why Rust Belt cities have lagged the rest of the nation in their recovery from their industrial heyday. But there’s one under-recognized but still consequential reason – the poor quality of the Rust Belt aesthetic. Rust Belt cities have never quite been known for their looks, and in an era when looks increasingly matter, they often fall short. read more »
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High-Speed Rail: An Evaluation
Note: This article is adapted from the recently published Reason Foundation report Assessing the Results of the High-Speed Intercity Passenger Rail Program, by Wendell Cox read more »
Give Me Paris? -- Or Detroit and Bismarck, Odessa and Midland
It looks like the early days of the Biden administration are setting up an economic faceoff between the sensibilities of the coasts and the realities of Flyover Country. Or, as an op-ed in the Wall Street Journal put it, "Will Biden Choose Paris Over Bismarck and Pierre?" read more »
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Are Great Lakes a Big Economic Advantage?
Denizens of the Great Lakes watershed long have looked at those five vast, deep, shimmering pools not only as an unmatched economic and cultural resource but also as the ultimate trump card. read more »
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Can Ford's Urban Gambit Survive Pandemic?
Ford Motor Co. unveiled grand plans this week to enhance its investment in the Corktown precinct of Detroit, envisioning creation of a 30-acre “mobility innovation district” around the iconic but crumbling Michigan Central train station that the automaker is restoring to make a hip urban locale for 2,500 engineers and tech people. read more »
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