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Recent Posts
- More on the finding that college pays off less if you grew up poor
- We have enough evidence to expand quality pre-K
- Reflections coming out of the recent AEI forum debating pre-K
- What do we know about right-to-work laws and state prosperity? Not much, because of limited variation over time in which states are RTW states
- Human Capital Programs Can Promote Local Economic Development; As Illustration, Consider “Promise-style” Place-Based College Scholarship Programs
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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
Posted in Early childhood programs, Economic development, National vs. state vs. local
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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
Posted in Early childhood programs, Economic development
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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
Posted in Early childhood programs, Economic development
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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
Posted in Business incentives, Early childhood programs, Economic development
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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
Posted in Business incentives, Early childhood programs, Economic development, National vs. state vs. local
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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
Posted in Economic development, National vs. state vs. local
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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
Posted in Business incentives, Economic development, Incentive design issues
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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
Posted in Distribution of benefits, Early childhood programs, Economic development, National vs. state vs. local, Timing of benefits
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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
Posted in Early childhood programs, Economic development
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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
Posted in Business incentives, Early childhood programs, Economic development, Incentive design issues
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