Economy
Can Startups Save Struggling Metros?
The Bay Area’s tech hubs are the big drivers of job creation, but a new index for startup jobs—pulling from online job listings—also finds economic dynamism in other cities.
One of the most striking and troubling features of today’s economy is the slowdown on innovation and economic dynamism. Former U.S. Treasury Secretary Larry Summers argues that the American economy has slipped into a period of low growth, low innovation, and secular stagnation.
A new study by Michael Mandel of the Progressive Policy Institute finds some evidence of a rebound in economic dynamism.