Policy makers on a bi-partisan basis continue to try to recreate the economy of the past. Lets start with the basic facts from our latest report: The New Path to Prosperity: Lessons for Michigan From Two Decades of Economic Change.…
Lets complete our exploration of the changing structure of the American economy with a look at the Great Lakes State which is doing best on the "more and better jobs" goal that Governor Snyder has set: Minnesota. The different path…
As we explored in my last post the American economy over the last two decades has transitioned from a factory-based to a knowledge-based economy. Manufacturing employment declined by 32 percent and employment earnings per capita fell by 29 percent. While…
Our work at Michigan Future is focused on understanding the changes occurring in the American economy largely due to globalization and technology and how to be successful in that economy. Our interest is in the long term structural changes in…