Middle Class

The urban form has shifted throughout history. This has been critical to its success. Today we are on the cusp of another transition, ushered in by new technologies and changing demographics, and accelerated by a devastating pandemic. Although these forces affect all geographies, the best chance of success and growth lies in what we define as The Next American City.  read more »

California is suffering a major demographic reversal, one that threatens both the state’s economic future and the durability of its progressive model.  read more »

America has only a limited feudal past, the plantation aristocracy of the antebellum South and the enormous class chasms of the Gilded Age being pretty much our only examples. Yet today—after decades of social mobility, a digital revolution that was supposed to empower individuals everywhere, and the construction of a vigorous anti-discrimination apparatus that putatively ensures equal rights and status—a rigid new social order with feudal elements has come into view.  read more »

Our institutions created centibillionaires and are now trying to contain them.

In Ayn Rand’s novel Atlas Shrugged, a group of high-achieving industrialists have had enough with being exploited (in their view) by “parasitic” collectivists and “second-handers”. They withdraw to a perfect community Galt’s Gulch aka Atlantis where they can live in peace and prosperity with each other, far away from the do-nothing (in their view) populace and according to their own laws and beliefs.  read more »

From the ancient world to modern times, the class of small property owners have constituted the sine qua non of democratic self-government. But today this class is under attack by what Aristotle described as an oligarchia, an unelected power elite that controls the political economy for its own purposes.  read more »

Clobbered from all sides by the pandemic, climate change and disruptions in virtually every industry by the rise of artificial intelligence, the capitalist dream is dying — and a new, mutant form of socialism is growing in its place.  read more »

The Covid-19 pandemic brought tragedy and disruption to America. But it has also provided another stark warning concern­ing the country’s disastrous overreliance on overseas production. It has demon­strated that without a strong, self-reliant industrial base, this country’s ability to forge a healthy, prosperous future—and even its ability to defend itself against foreign enemies—will be severely compromised.  read more »

Washington pundits generally see the supply-chain hiccups and partially related price inflation as political risks for the Biden White House. Probably that’s so but there’s also opportunity for a left-ward administration.  read more »

Sacramento politicians and the urban growth lobby they so diligently serve have created a narrative that there is something very wrong with living in (or wanting to live in) a single-family neighborhood. Single-family neighborhoods are -- so the narrative goes -- “racist,” “immoral,” and “evil.”  read more »

Like its global predecessors, the COP26 Glasgow conference will usher in a new wave of apocalyptic warnings about climate change. It will also likely prove no more successful, in terms of actually addressing the issue, than its predecessors, particularly as China, India and other developing countries ramp up their emissions.  read more »