Financial Crisis: Too Late to Change?

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A travelling salesman is driving down a country road when he runs over a cat. Seeing a farmhouse nearby, he approaches to confess this unfortunate situation to the pet’s owner. When a woman answers the door, he says, “I’m sorry, but I think I just ran over your cat.” She asks him, “Well, what did it look like?” “Oh, m’am,” he replies, “I completely ran over it, so it was very awful, just a smear on the road…” “Oh, no,” she interrupts, “I mean, what did it look like before you ran over it.”  read more »

EPA Joins the Green Building Party

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By Richard Reep

Well into the last decade, green design and smart growth operated as two separate and distinct reform movements. Both were widely celebrated in media, academic and planning circles, seeing themselves as noble causes albeit underdogs in the struggle against the mighty capitalistic enterprise of real estate development. Starting in 2009, the frozen credit market has kept private development moribund, and these two movements are somewhat moot as development takes a cease-fire.  read more »

Freeing Energy Policy From The Climate Change Debate

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The 20-year effort by environmentalists to establish climate science as the primary basis for far-reaching action to decarbonize the global energy economy today lies in ruins. Backlash in reaction to “Climategate” and recent controversies involving the Intergovernmental Panel on Climate Change (IPCC)’s 2007 assessment report are but the latest evidence that such efforts have evidently failed.

While the urge to blame fossil-fuel-funded skeptics for this recent bad turn of events has proven irresistible for most environmental leaders and pundits, forward-looking greens wishing to ascertain what might be salvaged from the wreckage would be well advised to look closer to home. Climate science, even at its most uncontroversial, could never motivate the remaking of the entire global energy economy.  read more »

Don't Mess With Texas

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One of the most ironic aspects of our putative "Age of Obama" is how little impact it has had on the nation's urban geography. Although the administration remains dominated by boosters from traditional blue state cities--particularly the president's political base of Chicago--the nation's metropolitan growth continues to shift mostly toward a handful of Sunbelt red state metropolitan areas.  read more »

SPECIAL REPORT: Metropolitan Area Migration Mirrors Housing Affordability

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On schedule, the annual ritual occurred last week in which the Census Bureau releases population and migration estimates and the press announces that people are no longer moving to the Sun Belt. The coverage by The Wall Street Journal was typical of the media bias, with a headline “Sun Belt Loses its Shine.” In fact, the story is more complicated – and more revealing about future trends.

Domestic Migration Tracks Housing Affordability: There have been changes in domestic migration (people moving from one part of the country to another) trends in the last few years, but the principal association is with housing affordability.  read more »

Mayor Daley’s Report Card

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In December of 2010 Mayor Daley will become Chicago’s longest serving Mayor. In office since 1989, he will surpass the record held by his father. In the March issue of The New Yorker magazine, journalist Evan Osnos has a long article on Mayor Daley. The front cover of the magazine calls Daley, “America’s most successful mayor”.  read more »

March Madness: Good Sports In The White House?

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Given the news spin cycle, is it any wonder that the presidency has been reduced to a talk show, or that March Madness has better ratings than the wars in the Middle East? But American presidents might think about adopting a SportsCenter model — snappy replays, contrite Tigers — and drop Rush Limbaugh and James Carville as their founding fathers. The continental divide in American history isn’t that between Democrats and Republicans, or conservatives and liberals, but whether or not the president should be a good sport.  read more »

Subjects:

The Asian Urban Ascendancy

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Urbanization doubtlessly has been the most significant demographic trend in the world for at least a century and promises to become even more significant in the future. The trend began in the United States and Western Europe as people moved by the millions from the countryside to the urban areas, where employment and a better life were possible.  read more »

Immigrants Key to Economy's Revival

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In Washington on Sunday, the tens of thousands of demonstrators demanding immigration reform looked like the opening round of the last thing the country needs now: another big debate on a divisive issue.

Yet Congress seems ready to take on immigration, which has been dividing Americans since the republic was founded.

But identifying immigrants as a “them,” as both their advocates and nativists do, misses the point. Immigrants — and their children — are the people who will help define the future “us.” They are also critical to the revival of the U.S. economy.  read more »

A Big Company Recovery?

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After the release of the 2009 fourth-quarter GDP estimate, some forecasters are now predicting a rapid recovery in 2010. Certainly, the fourth-quarter growth rate was impressive, particularly following the modest pickup reflected in the third-quarter results and the terrible results of the previous several quarters. Implicitly, these optimistic forecasts are based on the assumption that the United States economy has been fundamentally unchanged by the recession.  read more »