When it comes to urban economic development, everything is a question of tradeoffs. There are, as economists like to say, "no free lunches." Consider California. The astronomical wages paid by firms like Google, Apple and other digital firms draw thousands of people to the Silicon Valley/San Francisco area, and the high wages of the Hollywood studios lure people to Los … [Read more...] about Who Benefits from Job Creation in Cities?
Since its founding in 2004, Facebook has boasted of its mission to "make the world more open and connected." And with nearly 2 billion users, including more than 230 million in Latin America, it has in many ways earned boasting rights. Facebook is today the world's dominant social media site for people sharing personal and political news, interests and passions. It unites … [Read more...] about Moving Out of the Social Media Bubble to a More Robust Democracy
In recent days, climate change has surged back into public consciousness with a disturbing report of rapid melting in the West Antarctic ice sheet. According to the report, the disintegration of the massive block of ice, larger than Mexico, could combine with other ice melts to raise sea levels by as much as six feet by the end of the century. That could eventually threaten … [Read more...] about Preparing for Climate Change Migrants