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For decades, rapid economic growth has been the norm for developed countries. An educated workforce, a large population boom, major technological advances, and abundant fossil fuels were the key components of growth, generating substantial and broadly distributed increases in standards of living in
In the media
Sean McElwee
Lew Daly
White flight, corporate flight . . . I grew up just outside Detroit and have felt an ache in my heart for this bleeding city for so many years now. It's long been one of the country's designated loser cities, beginning in the 1960s, when change hit it hard. The phrase at the time was "urban blight,"
In the media
Robert Koehler
Through the Procurement Act, Congress centralized management of government contracts and gave the president license to use his judgment in setting federal contracting practices.
Blog
Jenn Rolnick Borchetta
The Genuine Progress Indicator (GPI) includes 26 indicators to give a broader picture of the sustainability of growth. It is a better measure than GDP.
Blog
Sean McElwee
The “Procurement Act" allows President Obama to pass an executive order to raise the pay for federal contract workers.
Blog
Jenn Rolnick Borchetta
As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams. Chasing performance
In the media
Sheyna Steiner
As more states across the U.S. (and more countries across the world) begin adopting alternative measures they find that while GDP has been increasing, other measures of well-being have remained flat.
Blog
Sean McElwee
Just three days before Kevyn Orr, the emergency manager appointed by Michigan Governor Rick Snyder to run the fiscally strapped city, filed the largest municipal bankruptcy case in history, he signed a forbearance agreement with UBS and Bank of America/Merrill Lynch establishing a process to settle
In the media
Wallace C. Turbeville
U.S. Bankruptcy Judge Steven Rhodes rejected a proposal by Detroit’s Emergency Manager Kevyn Orr to pay off a complex financial deal that was originated in 2005 and turned catastrophic for the city during the recession.
Press release/statement
The SEC should require companies to disclose their political activities.
Blog
Sean McElwee