"A persuasive look at why some U.S. cities have prospered in recent
decades while others have declined."--"Bloomberg Businessweek
"
We're 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 hubs--cities like San
Francisco, Boston, and Durham--with 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 aren't necessarily who you'd
expect.
Enrico Moretti's groundbreaking research shows that you don't 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 split--supporting growth in the hubs while arresting the
decline elsewhere--is the challenge of the century, and "The New
Geography of Jobs "lights the way.
"Moretti has written a clear and insightful account of the
economic forces that are shaping America and its regions, and he
rightly celebrates human capital and innovation as the fundamental
sources of economic development."--Jonathan Rothwell, The Brookings
Institution
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