Economics 101 suggests it’s time for a big migration west from the Rust Belt to the Boom Belt. But economists missed something important about these towns: They have social capital. Trust is what you might call the “magic fairy dust” that helps economies thrive.
The block grant program and other federal programs that have assisted communities with about $8 billion annually for cleaner water, safer sidewalks, streetlights and sewage treatment are on the chopping block in Washington.
Children who grow up in some places go on to earn much more than they would if they grew up elsewhere.
There’s a clear link between a lack of places to live and the number of people sleeping out of doors at night. And the solution is clear, too: Cities need to double down not just on homeless services, but on building more affordable housing, and quickly.
Not education. Not income. Not even being an expert on racial disparities in health care
The 2017 Opportunity Index, a comprehensive look at the factors that drive opportunity across the United States, reveals how the South is home to some of the most dynamic and fastest -growing areas in the country — but also some of the least hopeful.
Mark Zuckerberg announced that Facebook will drop fees to nonprofit fundraisers, but the company will keep them for individuals trying to raise money on the platform.
Building more housing, more densely, could help address a widespread economic challenge. A fight over one lot in Berkeley, California shows how tough that could be.
A native of Queens, Donald Trump was the son and heir to Fred Trump, a scrappy and ruthless developer of housing for New York’s white working and middle class. An outer-borough nativist and one-time Klan supporter, the senior Trump profited mightily from the federal government’s massive intervention in the real estate industry, which began in the Great Depression. His fortune was premised on strict racial segregation, a process whose legacies still shape the geography of urban and suburban America.
Los Angeles Times, Nov. 27, 2017: Completely unnecessary spat over CFPB leaves consumers out in the cold For his part, Trump tweeted over the weekend that the CFPB “has been a total disaster” that has left financial firms “devastated and unable to properly serve the public.” That, of course, is total nonsense. The CFPB has […]