Economics

The recent upsurge in support for populist conservatives, not only across Europe, but in the United Kingdom, Australia, Canada and even India has inspired talk of “a nationalist revival” and “the cosmic magnetism” of Donald Trump and Brexit. Here, it is argued, is a movement that finally can take on both the Green-oriented and increasingly authoritarian left.  read more »

Today, the Walton Family Foundation released “The Most Dynamic Metropolitans,” new research ranking the economic performance of metropolitan areas in the Heartland and across the country.  The study demonstrates that a knowledge-based economy spurs economic growth in metropolises across the United States. Metro areas with knowledge-based economies ranked higher than cities that have yet to make much-needed investments in technology, education, entrepreneurship and commercialization.  read more »

If ever any group had it coming, it’s the giants of the tech industry. The recent decision by the Trump administration to look into monopolistic practices by the tech oligarchs—talk about collusion!—represents a welcome change from over two decades, under both parties, of sucking up to these firms as they bought up competitors and consolidated market positions that would put the likes of John D. Rockefeller to shame.  read more »

China is building a magnetically levitated (maglev) train that will “fill the gap between high-speed rail and air transportation,” says CNN. This new train may have a top speed of 370 miles per hour, which “could narrow the gap between high-speed rail and air travel,” says Republic World.  read more »

For some time, the mainstream press and conventional urban planners have been obsessed with a “dense urban” narrative. This is largely a myth, as has been demonstrated by resurgent growth in suburbs and exurbs.  read more »

If you’ve ever seen a herd of elephants moving majestically across an African savannah, you’ll always remember the experience. Equally memorable yet horrifying is the sight of a dead animal killed by a poacher for its tusks.  read more »

The recent debate over the Green New Deal got me thinking about a lecture I gave in 2018 at the Columbia University Seminar on Energy Ethics. The faculty who attended were mostly environmental lawyers and scientists. I am neither. But they asked me to discuss “The Fragility of the Blue-Green Alliance” – not so much the formal partnerships between union and environmental groups but rather the complex challenges of bridging differences between workers and environmentalists.  read more »

If you ask an American to tell you about their country, they’ll probably paint a bleak picture. Civic bonds are fraying. Division and tribalism dominate the news. The public is losing faith in democracy as the most effective way to govern. At a time of rapid demographic and cultural change, with frustration over economic inequality reaching a boiling point, our national politics has not found a way to generate consensus.  read more »

Transit ridership is plummeting almost everywhere, yet officials in many cities are still devising hugely expensive plans for transit projects. One such city is Austin, whose leaders are talking about spending between $6 billion and $10.5 billion on new transit lines (and the final cost always ends up being more than the projections).  read more »

While the media tends to studiously report – and often sensationalize – the latest developments involving Airbnb, e-scooters, and ride-hailing (especially Lyft and Uber), another booming “sharing economy” sector has recently been gaining attention. Peer-to-peer carsharing enables individuals to make their privately-owned vehicles available to others for short periods of time at a fee of the owner’s choosing.  read more »