The Mines

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There’s a literary trope in which an ambitious young man goes to work in the mines for a few years to earn an income with which to go back home. In the US it’s bundled into narratives of the Wild West (where incomes were very high until well into the 20th century), but it also exists elsewhere. For example, in The House of the Spirits, the deuterotagonist (who owns an unprofitable hacienda) works in the mines for a few years to earn enough money to ask to marry a society woman.  read more »

Strong Cities Have Lots of Zeros

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Big cities have big responsibilities. Coming with that are big scale, scope, complexities, priorities, and challenges. Texas has growth and all the other `bigs. We are not shying away from the `bigs’ and building great communities. To get there requires numbers with lots of zeros behind them. A recent Strong Towns website entry challenged Colin County with road projections. Challenge is good and not something to shy away.  read more »

Subjects:

Highest Fertility & Gains Concentrated in US Midwest and South

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The plunging of birth rates has emerged as one of the most significant demographic trends. For the first time, there appears to be the prospect of nations that will become materially smaller in population as a result. For example, the latest projections from the Japan’s National Institute of Population and Social Security Research are that by 2115, the population will be only 50.5 million, down 60 percent from the present 126 million.  read more »

Is the Fever Breaking? Ground Zero Youngstown

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Two years ago, I described the Youngstown area as “crossover ground zero” for Donald Trump and the politics of resentment in working-class and rust belt communities. In local rallies during the 2016 campaign and since he took office, Trump has repeatedly promised an economic renaissance and immigration reform. These issues resonated with local voters.  read more »

San Francisco Is Eating New York

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A lot has been written about how the internet undermined and destroyed media. What we are seeing today may be the more important story, however, which is the tech industry is explicitly buying out the media, particular culture making elite media institutions.  read more »

America Keeps Winning Regardless Of Who Is President

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Ever since the election of Donald Trump, many of our leading academic voices, like Paul Krugman, predicted everything from a stock market crash to a global recession. Slow growth, mainstream economists like Larry Summers, argued, was in the cards no matter who is in charge. That was then. Now the United States stands as by far the most dynamic high-income economy in the world.  read more »

The Sacred Cul-de-Sac: Lakewood

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In 1901 John D. Rockefeller of Standard Oil (now ExxonMobil) began purchasing hundreds of acres of land around the town of Lakewood, New Jersey an hour and a half south of New York. He then built a thirty bedroom, twenty bathroom country estate. Lakewood was a prosperous year round vacation destination complete with swimming, tennis, golf, and ice skating, as well as numerous hotels, fine restaurants, a theater, and many large elegant homes.  read more »

Summer Travel Offers Insights Into What Drives Economic Growth

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Why do we travel? Alain de Botton suggests in his engaging meditation on this question, The Art of Travel, that it’s the human craving for variety that impels us to leave home and incur the headaches of exploring the world.  read more »

Subjects:

The Sordid History of Forest Service Fire Data

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The latest wildfire situation report indicates that about 7.3 million acres have burned to date this year. That’s about 1.2 million acres less than this same date last year, but about 1.5 million acres more than the ten-year average and a lot more than the average in the 1950s and 1960s, which was about 3.9 million acres a year.  read more »

Edge Cities in China: Suzhou

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Nearly three decades ago, journalist and educator Joel Garreau coined a new term, “Edge cities,” to describe the rise of commercial centers outside the downtowns (central business districts or CBDs) largely of the United States (Note 1).  read more »