Newgeography.com - Economic, demographic, and political commentary about places

Wall Street is disdained in the court of public opinion — detested by the tea party on the right and the Occupy movement on the left. The public blames financial plutocrats for America’s economic plight more than either President Barack Obama or former President George W. Bush. Less than a quarter of all Americans, according to Gallup, have confidence in the banks, which vie for the lowest spot with Big Business and Congress.  read more »

Britain’s public sector workers came out on a one day strike last week over government plans to raid their pension funds. Government ministers did the rounds of television studios denouncing the strikers as mindless militants. Both sides are echoing the class struggles of the Thatcher-era, but the truth is that it’s not the 1980s.  read more »

Quanzhou? Quanzhou (pronounced "CHWEN-JOE"), despite its urban population that is approaching 5 million this urban area is so unfamiliar to Westerners and the rest of the world as to require an introduction. Quanzhou is a prefecture ("shi") in China's Fujian province. Fujian is just to the north of Guangdong, home of Guangzhou, Shenzhen and Hong Kong's former province (before the British) and just to the south of Zhejiang, the large rich province at the south flank of the Yangtze Delta (which abuts Shanghai). Quanzhou is also adjacent to Xiamen, one of the original special economic zones established by the legendary reformer Deng Xiao Ping.  read more »

This past weekend the New York Times devoted two big op-eds to the decline of the suburb. In one, new urban theorist Chris Leinberger said that Americans were increasingly abandoning “fringe suburbs” for dense, transit-oriented urban areas.  read more »

In the song by the Beatles, the worry was about being fed and needed at 64. Things have changed. If the Beatles wrote those lyrics today, the worry instead might be about housing.  read more »

It has been a time of ups and downs for Delhi, which has emerged as the largest urban area (area of continuous urban development) in India. By a quirk in the Census of India definitions, an urban area (urban agglomeration) may not cross a state or territorial boundary. As a result, Delhi continues to be the second largest urban area in India according to the Census of India.  read more »

While many experts are pronouncing the demise of the American era and the rise of China, other East Asian nations complicate the picture. As America continues to participate and extend its influence in the dynamic Asian market, there may be no more suitable ally than its old antagonist, Vietnam.  read more »

Conventional wisdom dictates that keeping transit fares as low as possible will promote high ridership levels. That isn't entirely incorrect. Holding all else constant, raising fares would have a negative impact on ridership. But allowing the market to set transit fares, when coupled with a number of key reforms could actually increase transit ridership, even if prices increase. In order to implement these reforms, we would need to purge from our minds the idea that public transit is a welfare service that ought to be virtually free in order to accommodate the poor.  read more »

Imagine a future America where the home ownership rate climbs from the current 65%¹ to 87%².  Libertarians as well as many social democrats would be cheering.  Imagine that this rate was achieved by the state itself acting as the builder of 88%³ of the housing.  Imagine also that the state imposes rules on home purchases to favor first time  read more »

Industrial disputes – including a spate of on and off again strikes at national carrier Qantas – are becoming once again a frequent feature of the Australian media. Unions are pushing for wage rises in the face of the falling buying power of the fixed wage (as costs of living rise). Those wage push pressures are being resisted by businesses trying to stay afloat in a very ordinary domestic economy and amidst rising global competition.    read more »