From a rising young economist, an examination of innovation and success, and where to find them in America. An unprecedented redistribution of jobs. Enrico Moretti’s groundbreaking research shows that you don’t have to the challenge of the century, and The New Geography of Jobs lights. Enrico Moretti’s The New Geography of Jobs makes the essential case in support of individual mobility, and for doing so is easily the most.
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Drawing on a wealth of stimulating new studies, Moretti uncovers what smart policies may be appropriate to address the social challenges that are arising. Read reviews that mention silicon valley human capital san francisco innovation hubs geography of jobs college graduates new geography enrico moretti geograpgy school great divergence must read high tech richard florida job creation innovation sector united states comparative advantage american economy graduation rates college graduation.
It attempts to explain income inequalities, income pricing, and global economies in the US context. Moretti convincingly demonstrates that the inequalities that matter most in early 21st century America are the differences across places. Dec 16, Christian Overbey rated it really liked it.
The New Geography of Jobs: Enrico Moretti: : Books
Towar The Wall Street Journal, https: May 10, Garret Christensen rated it it was amazing. Customers who viewed this item also viewed. If you want to look at the research in detail, go to the articles. Although the USA has effectively given up on properly educating geogrsphy indigenous workforce, it still rewards skills, which is why talented immigrants come to the US.
The final chapter, “The New ‘Human Capital Century,'” will be particularly interesting to anyone involved in training-teaching-learning–particularly the sections on “Why Inequality Enrkco About Education” and “Math Races. His suggestion for people losing out because they don’t have knowledge-skills is to simply move cities to where there might be more jobs.
But it is also skill-based.
The New Geography of Jobs
If that thing is easily scalable, like a software platform, we have an extremely profitable situation. At the other extreme are former manufacturing capitals, which are egography losing jobs and residents. The thesis he unveils is, at its core, extraordinarily encouraging because American innovators have so much untapped potential.
A new map is enric drawn—the inevitable result of deep-seated but rarely discussed economic forces. I would have liked him to develop his comparative analysis of other global cities further. I think it morehti its point very well and persuaded people on how to help America be less divided.
In fact, Moretti has shown that for every new innovation job in a city, five additional non-innovation jobs are created, and those workers earn higher salaries than their counterparts in other cities. It employs 12, workers in Cupertino. The New Geography of Jobs is the sort of economics that should be widely read, digested, and discussed.
Wages are higher, and unemployment lower, for workers living in an “innovation cluster” than for comparably educated workers outside of these geograhpy places. So, what does he have to do with Seattle and a creative vibe? To put it differently, if the salary of college graduates reflected its full social value, more people would go to college. As discussed this book gives us some geogrsphy the underlying economics, and the impacts of those economics. He has writer’s knack for pulling out the illustrative detail while never losing the broad sweep of events.
The author spends a lot of time discussing how these sectors which are productive have huge spillovers to the surrounding areas and details the wages of base service jobs in areas jobe high vs low productivity and the ranges are enormous.
If you feel like the ‘s were the best time ever, you will not particularly like the news. The author included lots of facts and made sure that everything flowed well. AmazonGlobal Ship Orders Internationally. However, the current policy responses seem tame.
Shopbop Designer Fashion Brands. However, my favorite one was the job multiplier effect. Get educated, get a map and get going! Agglomeration is a word that describes the benefits that firms obtain when locating near each other. Moretti’s prescription for areas that fall behind rely, alas, on new government programs, and the assumption that the federal government is efficient and unbiased.
Also, the book was published inbut the problems Moretti predicted seem weirdly prophetic of the election. Wnrico from and sold by Amazon. This author speaks of The Great Divergence which “has its origins in the ‘s when American cities started to be increasingly defined by their residents’ level of education.
I had to think about every now and then, but overall it was pretty good. Jul 17, John Barbour rated it liked it Shelves: He’s barely claiming anything, in fact. Really enjoyed the last part of the book where he links the immigration debate with the failing education system in America.