Michigan needs more than fixing the roads
If there is one issue that both Michigan candidates for governor seem to agree on it is that fixing the roads is a top priority. Good news in a state that for a decade or more let its 20th Century…
Not much of a job ladder for low-wage workers
Really interesting research from the Federal Reserve Bank of New York on low-wage workers moving up to better-paying jobs. (You can find the research here and a summary article on the research here.) The report's core findings: Using data covering…
Incentivizing Detroit homeownership for teachers could boost student, community outcomes
Recently, Detroit Mayor Mike Duggan announced a new program that offers homes in the city's 30,000-property land bank to employees of Detroit schools - both traditional and charter - at a 50 percent discount. The idea is to attract educators…
California and Kansas updated
The Washington Post in an article entitled The interesting thing that happened when Kansas cut taxes and California hiked them provides an update on the economic fortune of the two states. Its a topic we covered previously in a post entitled California…
Renters and economic prosperity
A core finding of Michigan Future's research has been that what made us prosperous in the past, won't in the future. The big change is that prosperity is now aligned with knowledge-based rather than factory-based economies. Another big change is…
GE to Boston, ConAgra to Chicago
For years we have used the following quote from Rich Karlgaard, publisher of Forbes magazine, to describe what increasingly drives state and local economic growth: "Best place to make a future Forbes 400 fortune? Start with this proposition: The most…
Manufacturing and economic decline
In a City Lab article Richard Florida reviews research from the United Kingdom on which metropolitan areas are prospering, which aren't and why. The research was conducted by Centre for Cities. An overview of their report can be found here.…
Safety net + strong economy
More evidence that the conventional wisdom that a strong safety net leads to a weak economy is not accurate. As we explored previously that is one of the lessons we should learn from Minnesota. Which has a far more generous…
Talent trumps low taxes again
Richard Florida in a recent Atlantic Cities article writes about a new study on what matters most in attracting entrepreneurs. The study done by Endeavor Insight can be found here. As Florida writes what attracts entrepreneurs is "...talented workers, and…
21st Century central cities
In our 2006 A New Agenda for a New Michigan we wrote: "For many Michiganians, vibrant central cities are part of the past. No longer relevant or just something you visit in unique places like Manhattan, Toronto or Chicago. Think…
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