Tag Archives: Growth

Fourth Economy’s Universe

Hello friends and colleagues, We’ve been so busy that we skipped a month on our e-newsletter, I am sure you filled your time with other pursuits – I’ve seen many of you playing Words with Friends. We wanted to take …

Comeback Kids

  Admittedly it is awkward to boast about the economic recovery that is occurring in much of the Rust Belt.  In our own neck of the woods, Akron, Cleveland, Pittsburgh and Youngstown have all experienced strong recoveries.  According to Brookings Youngstown …

Numbers Behind the News: Development Insights from Big Data

IBM estimates that we create 2.5 quintillion bytes of data every day.  They do not, however, estimate how much of this data is duplicated – all of the documents emailed between friends and coworkers that get stored on personal devices, …

Inovation-Based Economic Development vs. State Budgets

Before we get too far into the new fiscal year, we thought we’d go back and look at how the innovation-based economic development (IBED) world fared in the last round of state budgets. Tax credits continue to be a favored …

Thank You, Dayton

In an period where we seem to have forgotten how we all got here, Dayton has decided to swim against the stream of anti-immigrant fervor.  Tough new laws in Alabama and Georgia are proving effective in driving away undocumented immigrants …

Numbers Behind the News: The Noise on Jobs and Buffet Taxes

  The analogy of job-killing taxes is dramatic but it is not supported by evidence.  Michael Chase writing for The Rational Middle not only dissects the argument but also provides a how-to guide for readers to check the data themselves.  Yet we …

Innovation in Your Own Backyard

Working as an economic developer in Central Pennsylvania, I was constantly reminded of the mantra that more than 90 percent of all economic growth comes from your immediate regional industry base. While many economic development organizations dedicate significant portions of …

What tangled NETS we weave

Statistics are like a bikini. What they reveal is intriguing, but what they conceal is vital. This quote helps to get everyone’s attention whenever I am teaching students about analyzing economic data, which even I admit is a dry topic. …

Igniting Innovation

Steven Johnson, author of Where Good Ideas Come From:  The Natural History of Innovation, provides a fascinating tour through the history of innovation and along the way he exposes some of the lessons that we can apply for the development …

Good (Economic) News for Spring 2010

The news media makes too much about the swoons of the stock market.  The stock market may be perhaps the single worst indicator of the health of the economy.  So these indicators tell us more about what is happening in …