Economics

When mapping the concentration of superentrepreneurs in the world, we find a paradox in Europe. Half of the top-ten countries with the most superentrepreneurs are found in Europe, yet Europe is far behind the US and Canada when it comes to high-end entrepreneurship. Another perhaps surprising fact is that gender equal Europe has a particularly strong deficit of women superentrepreneurs.  read more »

The Frontier Centre for Public Policy has released the 2022 edition of Demographia Housing Affordability in Canada.  read more »

We’re used to getting the short end of the stick out here in Flyover Country, whether it’s from a lack of regular news-media attention or from our vastly inequitable share of investments by venture capitalists.  read more »

In newsletter #63 I discussed the managerial revolution, or the way that we transitioned from an entrepreneurial capitalist system dominated by owners to a bureaucratic system dominated by managers and technocrats spanning the public and private sectors.  read more »

Joe Biden may have once bragged about his cooperative relations with segregationists, but he still arguably owes more to African-American leadership and voters than any politician in recent history.  read more »

In addition to restoring allegedly crumbling highways and transit lines, the 2021 infrastructure bill was supposed to provide tens of billions of dollars for building new infrastructure.  read more »

Out in the rolling country just east of Columbus, Ohio, a new—and potentially brighter—American future is emerging. New factories are springing up, and, amid a severe labor shortage, companies are recruiting in the inner city and among communities of new immigrants and high schoolers to keep their plants running.  read more »

My monthly deep dive newsletter will be out next week and looks at one of the gaps in our society’s thinking about femininity. In preparation for that, I wanted to highlight again the way that conservatives have failed to account for the impact of industrialization on the household in their thinking about gender roles.  read more »

The growing likelihood of recession, at best sharply lower growth and maybe 1970s-style stagflation, seems likely to further accentuate the class and political divisions already rubbed raw by the pandemic and a global supply crisis.  read more »

Demographia United States Housing Affordability rates middle-income housing affordability, using the median multiple, a measurement of income in relation to housing prices, or 189 major markets (metropolitan areas) for the third quarter of 2021.  read more »