Tag Archives: Enrico Moretti

Local Economic Development, Agglomeration Economies and the Big Push: 100 Years of Evidence from the Tennessee Valley Authority

Here’s an interesting paper from Pat Kline and Enrico Moretti on local economic development, agglomeration, and the Big Push. We study the long run effects of one of the most ambitious place based economic development policies in U.S. history: the … Continue reading

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Unemployment benefits should encourage geographic mobility

An op-ed from Enrico Moretti: Americans have always been willing to move to look for better economic opportunities, and this willingness to relocate is a big factor in U.S. prosperity. Yet while everyone is free to move to look for … Continue reading

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Value of Infrastructure: Silicon Prairie Edition

I recently visited the headquarters of Google Fiber, which is a large infrastructure investment google has been rolling out in Kansas City that provides 100x faster internet. The tour guide claimed that home values in the green zone have increased … Continue reading

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Coveting Thy Neighbor’s Manufacturing – Is State Tax Competition A Zero Sum Game?

Many people have been focused on state tax incentives of late. Earlier I posted about some work by Moretti and Greenstone that concludes local subsidies improve residents’ welfare (perhaps partly due to sizable employment spillovers). With that in mind, I wanted … Continue reading

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Washington’s Definition of Middle Class

I saw this proposal in Lori Montgomery’s article on fiscal cliff talks yesterday: Fresh tax revenue, generated in part by raising rates on the wealthy, as Obama wants, and in part by limiting their deductions, as Republicans prefer. The top … Continue reading

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What books do top CEOs, policymakers, academics, etc recommend reading this year?

Barry Eichengreen sends us to Bloomberg’s interesting compilation of 2012 book recommendations from CEO, policy makers, investors, economists, academics and authors. The most popular picks were Robert A. Caro’s “The Passage of Power: The Years of Lyndon Johnson,” “Volcker: The Triumph … Continue reading

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Do Local Subsidies to Attract Companies Reduce Welfare?

The lead story on the NYTimes on local subsidies for companies today takes a more skeptical stance than Enrico Moretti and Michael Greenstone in this paper: Increasingly, local governments compete by offering substantial subsidies to industrial plants to locate within … Continue reading

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Enrico Moretti on the Future of Manufacturing

Q: Both presidential candidates pledge to restore the U.S. manufacturing industry. Some economists say that’s essential; others say it’s impossible. What’s your take?  A: The last two years have been good years for manufacturing employment, but they are the exception. … Continue reading

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When the techies come to town…

The NY Times recently put out an alarmist article about the inflow of tech workers from Twitter and other startups moving into the city. While some of the concerns it raised about maintaining a vibrant and diverse neighborhood are completely … Continue reading

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Books that I’m looking forward to reading

Amazon.com: The New Geography of Jobs (9780547750118): Enrico Moretti: Books.

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