Showing posts with label Washington D.C.. Show all posts
Showing posts with label Washington D.C.. Show all posts

Thursday, August 29, 2019

econlife - How the Location of Creative Talent is Changing by Elaine Schwartz


If you are looking for creative talent, a University of Toronto economist suggests you target occupations rather than college degrees. Otherwise you could be skipping too many people. The reason? People with college degrees are likely to be in the creative class. But 6 out of 10 individuals who do creative class jobs did not graduate from college.

Where are we going? To how the geography of creative talent has changed.

The Geography of Creative Talent

Between 2005 and 2017, the creative class was spreading. By 2017, cities like San Francisco, Washington D.C., Austin, and Boston could no longer claim a creative monopoly.

On our “before” map, approximately 10 U.S cities were creative job centers. They were the regions with the science, healthcare, business, tech, art, and science occupations. They had the educated professionals.

Before

2005 Map




2005:



After

In 2017, the places with a vast proportion of creative talent increased. Reflecting a spread, the greater number of red splotches reflects a more highly concentrated creatively talented people. But also we have more orange:



The 2017 map shows the same top five cities (in different order) with a higher proportion of creative talent in their population than in 2015:




The key difference though for 2017 is more orange. The change in color illustrates the spread to cities like Salt Lake City, Pittsburgh, and Cincinnati where the creative class is growing.

Our Bottom Line: Human Capital

To understand human capital we can imagine the tools and equipment in a factory. Called physical capital, tools and equipment create your productive capacity. Like those tools and equipment, our creative talent makes our human capital more productive.

Because the jobs that require more creative human capital tend to have higher salaries and boost diversity, their spread should fuel economic growth in stagnating Rust Belt cities and other similar regions.

My sources and more: This City Lab article has a detailed look at the geography of talent. From there, if you want to read onward, Richard Florida’s research, here and here, digs deeper into economic geography.


Ideal for the classroom, econlife.com reflects Elaine Schwartz’s work as a teacher and a writer. As a teacher at the Kent Place School in Summit, NJ, she’s been an Endowed Chair in Economics and chaired the history department. She’s developed curricula, was a featured teacher in the Annenberg/CPB video project “The Economics Classroom,” and has written several books including Econ 101 ½ (Avon Books/Harper Collins). You can get econlife on a daily basis! Head to econlife.

Wednesday, March 15, 2017

Spring Trip! by Mike Siekkinen

What do you do with your Spring Break? For years I spent mine with my children but as they have gotten older and moved on, I was left with an empty nest and a wife who worked. So several years ago, another teacher asked me if I would consider doing a Spring Trip for students. I was skeptical at first but agreed and we got with a company called Worldstrides and planned a trip to Washington D.C.

Advertising for the trip was not hard and we ended up having 57 students who signed up for the trip. We had to get several other teachers to come with us for that crowd! It ended up being a wonderful (and tiring) experience. Students were well behaved and the trip set up by the company was excellent. We visited so many places and even with a few snags (a broken tour bus in South Carolina, a couple sick kids, etc.) it was still an enjoyable experience.


We all committed to doing it again as long as we were all still enjoying the kids and the trips. I am doing my 5th Spring Trip this March. This year is snorkeling in the Keys and visiting the Everglades. I am still enjoying the kids, the trips and it is a wonderful way to spend my Spring Break! Worldstrides has been a great company to work with and has made it very easy with regards to planning the trips, providing needed materials for advertising and the people they have as guides and drivers have been nothing short of excellent! I highly recommend the company.

Dr. Mike Siekkinen, a retired U.S. Navy submariner, became a teacher as a second career. He teaches history at St Marys Middle School as well as Adult and Career Education at Valdosta State in Georgia.

econlife - Who Will Sacrifice Civil Liberties During a Pandemic? by Elaine Schwartz

  In a new NBER paper, a group of Harvard and Stanford scholars investigated how much of our civil liberties we would trade for better heal...