Economics

More on Rust Belt to Sun Belt Migration

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Three weeks ago I wrote a piece about the role that a “Rust Belt Diaspora,” or the people who relocated from Rust Belt to Sun Belt states over the last 50 years  read more »

The Return of American Class Politics

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In his farewell address, mere days before leaving the White House, Joe Biden made a dramatic intervention. Warning about how an oligarchy of “extreme wealth, power and influence” risked the basic rights of every citizen, he even suggested it could threaten American democracy itself.  read more »

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Growing with Energy

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Energy is vitally important for economic growth, particularly those forms of energy that can be used for planned power delivery. It is evident for example that Germany is currently suffering from the past decisions to shut down rather than upgrade nuclear energy.  read more »

Midwest Metro Musings #1

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I’ve said for years that the issues that plague Midwestern cities, and the successful strategies they’ve employed, have gone unnoticed as the cities of the east and west coasts have pulled away economically and culturally.  read more »

Eastern Europe's Thriving Talent Market

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Modern economies are increasingly driven by talent supply, and talent is often associated with the level of formal education degrees. Yet, across the Atlantic there are large differences in the unemployment rates of highly educated people.  read more »

Taxes and Government Spending Are Crowding Out Growth in Europe

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A long-term trend which is continuing, is that the US is running ahead of Europe in terms of prosperity. In 2024, the US economy grew by 2.8 percent  read more »

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The Battle of the Oligarchs

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Money and power have rarely been strangers; often nations are made to shudder when the ruling elites battle each other.  read more »

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The Democrats Need to Get Over Their Delusions

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Since the election conservatives have assumed that the results represent a “mandate” for their political agenda, as well as a confirmation of their version of national identity.  read more »

Christianity Around the World; Gift Card Industry and More

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This week, the new Syrian authorities declared Christmas a public holiday. This brought some reassurance to local communities that worried about the new regime  read more »

California Ruled with Great Jobs and Boom Times. What Happened?

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Gov. Gavin Newsom’s constant reminders that California’s economy ”leads the nation” as well as being a model for social justice are delusional.  read more »