Archive for February, 2012
Planning as Art; Art as Planning
With increasing recognition of the economic importance of their arts sector, some communities have created community plans for the arts. Over at Engaging Cities, the Orton Foundation’s Rebecca Sanborn Stone has a post describing efforts at community planning through the arts. Her post summarizes efforts in three communities: Starksboro, VT, Yellow Springs, OH and Mendocino [...]
US Manufacturing Jobs: Why Economic Development Matters
As indicated in a recent post, the New York Times ran a series about how Apple claimed in could never manufacture its products in the United State. In his blog at the Foreign Policy website, former Reagan Administration trade representative Clyde Prestowitz has a different take on the matter. In the 1981-86 period I was [...]
Innovation, Collaboration & Big Pharma
BBC Global Business hosted an interesting discussion of how major pharmaceutical companies will be pursuing R&D in the 21st Century, given the lapse of patent protection for a major generation of drugs and changes in the field of medicine. Participants include Freida Lewis Hall, Chief Medical Officer of Pfizer, Patrick Flochel, a partner in Ernst [...]
A Harbinger of Spring
Alright, given how sobering the last two posts have been, a change of pace is in order. Great image, eh? It is from a New York Times column on the 50th anniversary of the first spring training for the Mets. You can read the article here.
The Post-Industrial Economy has Changed Everything
That’s the implication of an analysis by UNC economist Karl Smith. (This is kind of a follow up to yesterday’s post.) The accompanying chart from the Economic Report of the President (click on it for a larger version) shows how wages moved with prices in the postwar era. To simplify it a bit, for about [...]
Global Capitalism: What if Joblessness is a Feature, not a Bug?
That’s the issue raised by economists Michael A. Spence, Distinguished Visiting Fellow and Sandile Hlatshwayo, Researcher, Stern School of Business, New York University: The actions of the free market have made goods less expensive for Americans, but the free flow of labor and capital has also diminished the employment opportunities available in the United States [...]
