Jobs and Visas
During the 1990s, more than one million Soviet emigrants arrived in Israel, most of them highly educated. Given Israel’s size, this amo...
Why Inequality Is About Education
For Europeans who visit this country, one of the most refreshing and inspiring aspects is the absence of a strong sense of social class....
The Social Return of Research
The first problem with the American economy is that public and private investments in research are insufficient. This is not to say th...
The New “Human Capital Century”
I N THE PAST, good jobs and high incomes were tied to the large-scale production of manufactured goods. Factories were the places where...
Bribing Business to Hire Workers
A big-push program the size of the Tennessee Valley Authority would be unthinkable today. But smaller big pushes are very common, in t...
Industrial Policies, Green Jobs, and the Challenge of Picking Winners
The story of Fremont, California, illustrates the promise and the pitfalls of big-push industrial policies. As traditional manufacturing...
The Economics of Poverty Traps and Big Pushes
We have just seen the promise and the pitfalls of policies to foster local economic growth by increasing the supply of skilled workers i...
Can Universities Be an Engine of Growth?
Every city wants to have its own MIT. Planners, city officials, and local politicians are constantly scheming to re-create the remarkable ...
What Biotech and Hollywood Have in Common
Biotechnology is not an isolated case. It is representative of how many innovation clusters get started. Throughout history, hubs of inn...
When the Stars Are Aligned
In 1998 the sociologist Lynne G. Zucker and the economist Michael Darby came up with a surprising theory. In a fascinating and now class...
Poverty Traps and Sexy Cities
W E LIVE IN A COUNTRY that is rapidly growing apart. Thriving industries tend to cluster in some cities but not in others. These cities...
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