Flyover country: Does the American Midwest need more tech superstars?

France’s new president, Emmanuel Macron, wants to create a Silicon Valley in his country. After the Trump administration dumped the Paris climate agreement, Macron filmed a video in which he called upon “all scientists, engineers, entrepreneurs, responsible citizens who were disappointed by the decision of the president of the United States, I want to say that they will find in France a second homeland.”

Now let me digress: Over lunch the other day, a trusted AEI colleague told me that Arizona is known for its strong youth hockey. This surprised me. No one is going to mistake a state whose official plant is the saguaro cactus for, you know, Minnesota. But it turns out that many NHL players retire to Arizona. This provides the state with an abundance of coaching talent and interest in the sport. So there was no grand plan to turn Arizona into a youth hockey mecca. It happened organically. More an accident of weather than anything else.

Upon hearing this, I was immediately reminded of the story of how Paul Allen and Big Gates decided to relocate Microsoft from Albuquerque to Seattle. As economist Enrico Moretti writes in his outstanding book, “The Geography of Jobs,”

 
Plus

Flyover country: Does the American Midwest need more tech superstars?

Are America’s tech giants an economic and political threat?

Do we have less of the good kind of entrepreneurship and more of the bad?

Can the private sector shake America from its long stagnation?

 
Plus

Why Amazon Has No Profits (And Why It Works) — a16z

Amazon is buying more than groceries with Whole Foods: it’s also getting more than 400 stores to use as delivery hubs — Recode

Σχετικά Άρθρα