The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Geography of job growth centers around “brain hubs”

August 17, 2012

Bookends: “The New Geography of Jobs”
by Michael Hendrix
 U.S. Chamber of Commerce

[Excerpt] To economist Enrico Moretti, where you live matters more than ever. And it matters ultimately because of you. In his book The New Geography of Jobs, Moretti unpacks the forces that are reshaping America. Whereas the 20th century was defined by physical capital producing physical goods, the 21st century is increasingly driven by human capital and its output of innovation and knowledge. Smart people tend to cluster into globally competitive “brain hubs” that, in Moretti’s eyes, will form the basis for much of America’s future prosperity.

These aren’t abstract notions. Moretti finds cities all across America—some small, others large—that are drawing in and equipping smart people. Better yet, the gains go beyond profits and higher salaries to job creation in a wide range of surrounding industries. Human capital acts as a magnet for opportunity.

Not every place benefits equally. Knowledge is king, and some places are poorer as a result, making education and mobility key ingredients in creating widespread prosperity. Yet America’s investments in education and research are on the wane.

Cities are “human ecosystems,” according to Moretti. With our brainy people and diverse cities, we should be more hopeful for America’s future. This book will redefine how you view the place where you live and your role in making it prosper. Something to ponder as you sit on the beach.

Click here to more about or to order The New Geography of Jobs.

  
Print This Post Print This Post    Email This Post Email This Post

Discuss this article

no comments yet

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Articles

Press Releases



Top Business News

 

Top Women's News

 

Top Natural Resource News

 

Top Faith News

 

Copyright © 2016, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Business Report through daily email updates:

Delivered by FeedBurner

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

RSS Twitter Facebook

No Thanks (close this box)