Description
In The New Geography of Jobs, award-winning Berkeley economist Enrico Moretti looks at the major shifts taking place in the US economy and reveals the surprising winners and losersโโโโโspecifically, which kinds of jobs will drive economic growth and where theyโll be locatedโโโโโwhile exploring how communities can transform themselves into dynamic innovation hubs.โA timely and smart discussion of how different cities and regions have made a changing economy work for themโโโโโand how policymakers can learn from that to lift the circumstances of working Americans everywhere.โโโโโโBarack Obama
Weโre used to thinking of the United States in opposing terms: red versus blue, haves versus have-nots. But today there are three Americas. At one extreme are the brain hubsโโโโโcities like San Francisco, Boston, and Durhamโโโโโwith workers who are among the most productive, creative, and best paid on the planet. At the other extreme are former manufacturing capitals, which are rapidly losing jobs and residents. The rest of America could go either way.
For the past thirty years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important developments in the history of the United States and is reshaping the very fabric of our society, affecting all aspects of our lives, from health and education to family stability and political engagement. But the winners and losers arenโt necessarily who youโd expect.
Enrico Morettiโs groundbreaking research shows that you donโt have to be a scientist or an engineer to thrive in one of the brain hubs. Carpenters, taxi drivers, teachers, nurses, and other local service jobs are created at a ratio of five-to-one in the brain hubs, raising salaries and standard of living for all. Dealing with this splitโโโโโsupporting growth in the hubs while arresting the decline elsewhereโโโโโis the challenge of the century, and The New Geography of Jobs lights the way.
ISBN:9780544028050