New Orleans Reading about Harvard economist Raj Chetty and his Opportunity Atlas, led me to check it out. The overarching lesson of the atlas is that your chances of doing better, in other words social and economic mobility, are tracked closely to you state, city, and neighborhood. All of which is a depressing state …
Tag: income
The Challenge and Opportunity in Mid-Sized Cities
New Orleans One report after another these days seems to be raising the alarm that there is a huge sucking sound, as Ross Perot once spoke of another matter, as certain big, bigger, and best cities are amalgamating jobs, income, and people, especially the young, bright, and ambitious and leaving the rest of the …
Running for President on $1000 Per Month
New Orleans Huey Long, a former Senator and Governor of Louisiana, launched “Share the Wealth” clubs across the country with Gerald L. K. Smith as his acolyte and chief organizer in a populist challenge to President Franklin Delano Roosevelt during the Great Depression. On Wade’s World, I recently interviewed Andrew Yang, a techster, entrepreneur, and …
The New American Aristocracy
Vancouver “The Birth of a New American Aristocracy” is not exactly a catchy title for a piece in the current issue of The Atlantic, although it won’t surprise anyone when I say that it certainly caught my eye. It’s one of those long-winded, multi-page things that about twenty of us around the country might read …
Wages Start Low, Lifetime Income Stays Low
New Orleans Joe Fox, an old comrade and friend visiting New Orleans yesterday, dropped by for a cup of coffee at Fair Grinds Coffeehouse on St. Claude, a tour of WAMF-LP, and a bit of nostalgia over the more than forty years we’ve worked with and known each other. We reprised an old story that …