ACCUMULATING PERIPHERALS


Labor market flexibility vs tourism potential by mattsteinglass
April 21, 2010, 1:02 pm
Filed under: US

Matthew Yglesias comments on today’s NY Times article about North Dakota having lots of jobs (but few places to live):

One big advantage we have, economically, is that we have such a big country with a single language and it’s much easier to move from Arizona to Kansas than it is to move from Greece to Belgium.

True. But it’s much more interesting to move from Greece to Belgium. One big disadvantage we have, economically, is that we have such a big nondescript country with lots of places that are very similar to each other and don’t have much internal social cohesion, and when those places lose their key industries there’s nothing much to them and they sort of wither or dry up and blow away. Still, you play the hand you’re dealt; we’ve got lots of geographical mobility and not much geographical loyalty.


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