Category Archives: Economic development

U.S. job growth and education jobs

The latest U.S. job growth figures, released this morning (September 7, 2012) by the U.S. Bureau of Labor Statistics, continued to show positive growth, but at an insufficient rate to boost employment rates and labor market conditions. If we focus … Continue reading

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“You can’t be pro-business unless you’re pro-education”

San Antonio Mayor Julian Castro, in his keynote address on September 4th to the Democratic National Convention, made the following notable statement: “You can’t be pro-business unless you’re pro-education”. In the context in which he made that statement, Mayor Castro’s … Continue reading

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Why education is important to the economy, especially the local economy, and how business can help improve education

On June 13, I gave a presentation to a group of business leaders on why education is important to national and local economic development. The presentation then went on to review how we’re doing on educational quality, what the key … Continue reading

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What is a good business climate for job creation? Changing the conventional wisdom

Most people use some simple principles to guide their judgments about public policy. I think this is quite understandable. Why should we expect most people to spend their time trying to interpret conflicting empirical studies? As a recent blog post … Continue reading

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Why relocation doesn’t solve local labor market problems

Well-known blogger Matt Yglesias has an interesting post commenting on labor economist Enrico Moretti’s recent Wall Street Journal column. Moretti argues that policymakers should help workers to move away from high unemployment metro areas. (Moretti’s column is based in part … Continue reading

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Different views of “investing in Julia”

Nancy Folbre, an economist at the University of Massachusetts-Amherst, has a good on-line column at the New York Times on the recent controversy over the Obama campaign’s online ad about an imaginary woman named Julia. The Obama ad tried to … Continue reading

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Improving evaluation of economic development programs

The Pew Center on the States recently released a major study analyzing the strengths and weaknesses of what states are currently doing to assess their tax incentives for economic development. (I should disclose that I reviewed an advance copy of … Continue reading

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Making the case for pre-K: some fiscal and economic arithmetic

Andrew Rotherham has an April 5th Time magazine column with the ominous title, “Are Pre-K Programs About To Get Gutted?” Mr. Rotherham apparently has access to an advance copy of the forthcoming annual report on state preschool programs from the … Continue reading

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Breaking the political cycle of inequality

Jared Bernstein has a great presentation summary and PowerPoint on what has gone wrong with broad-based economic growth in the U.S. Jared Bernstein is currently a Senior Fellow at the Center on Budget and Policy Priorities. Previously, he was Chief … Continue reading

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Early childhood programs and local economic development: supply-side economics or Keynesian economics?

I recently encountered the statement that my book was in some way based on Keynesian economics, which is thought by some to be politically controversial. I have nothing against Keynesian economics as a way of analyzing business cycles and macroeconomic … Continue reading

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