History - Economics - Midwest Industry

 This post has been delayed enough, and I hope publishing will not be delayed too much.

It is not that Michael J. Hicks teaches at my alma mater, but that he makes economics understandable to me, who has always had a problem with mathematics. 

Hicks: The birth and death of Rustbelt cities (NewsBreak) raises a question we in Indiana should be asking: why do we put such a low value on education:

We find that declines in Rust Belt manufacturing improve quality of life, but only in urban counties and only where the share of adults with a bachelor’s degree or higher in 1970 was among the top one-third of counties.

Together, these studies tell a pretty clear story of who thrived and who did not. Glaeser and Saiz found that over the past half-century, the cities that grew incomes, employment and population were only the best-educated cities. The bottom half stagnated.

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