Part of the disparity in intergenerational economic mobility may stem from a willingness to leave home Raj Chetty, Nate Hendren and their colleagues at the Equality of Opportunity Project have crafted a rich picture of the role that community plays…
America’s economy is increasingly driven by the concentration of talent in cities The Economic Innovation Group (aka EIG, a DC-based think tank) has been compiling some interesting data on the relative economic performance of different parts of the US, in…
Whether at the neighborhood or metropolitan level, more job growth doesn’t seem to improve economic mobility There’s a seemingly un-questioned (and unquestionable) truth among economic development practitioners that more job creation is the universal answer to problems of economic opportunity.…
Let’s put a price on using the atmosphere as a garbage dump for carbon Earlier this week, Yale economist William Nordhaus was announced as this year’s co-recipient of the Nobel Prize in Economics (along with Paul Romer, who we profiled…
Why the leading economist of innovation sees a central role for cities Two years ago, in 2016, we did our best to nudge the Royal Swedish Academy of Sciences to give the Nobel Laureate in Economic Sciences to Paul Romer. …