Michigan’s Transition to a Knowledge-based Economy: Fourth Annual Progress Report
Michigan’s Transition to a Knowledge-based Economy: Fourth Annual Progress Report May 2012 This is Michigan Future’s annual report on Michigan’s transition to a knowledge-based economy. How well Michigan does in this transition will, in large part, determine whether we get more prosperous or poorer. As we detailed in our 2006 A New Agenda for a […]
Worth checking out
Some interesting items that are worth checking out: • CNN did a terrific report on high tech job growth in metro Detroit. Going so far as to ask whether Detroit is the new Silicon Valley. Yes dead and gone Detroit! Not to mention the state with the worse business tax in America that drives away […]
American workers as the priority II
Mohamed El-Erian is the CEO of PIMCO, the huge California based money management firm. He recently wrote a column for Project Syndicate entitled Sleepwalking through America’s Unemployment Crisis. Worth reading. El-Erian writes: The country now has an unemployment problem that is large in magnitude and increasingly structural in nature. … This is much more than a problem […]
American workers as the priority
An objective assessment would almost certainly reach the conclusion that American businesses are much better positioned to do well in a flattening world than American workers. Despite that at both the state and national level our policy focus is on helping companies compete. This despite record corporate profits both before and after the Great Recession. […]
The case for higher education as a priority
Great column in Dome Magazine by Glen Mroz, the terrific President of Michigan Tech. Mroz makes the case that cutting higher education funding is harmful to the Michigan economy. First the facts. State appropriations to higher education are down 35% over the last ten years. So much for the nonsense that the state went on […]
Cut and then what?
Insightful Rick Haglund column on AnnArbor.com. He makes the point that after the reset of Michigan state government this year the state faces a fundamental choice in where it goes from here. One path is to do more of what we did this year: less taxes, less spending. The other is to resume public investments […]
More education attainment data
The Bureau of Economic Analysis has released its preliminary estimates of per capita income for 2010. There will be all sorts of revisions before the final stats are in. But they are the first data in a decade that use actual state population (the denominator), rather than estimates. Because Michigan’s population in previous calculations was […]
Education attainment and employment
The Census Bureau using data from the 2010 Current Population Survey just released what they describe as “the most detailed information on years of school completed ever presented by the Census Bureau”. It is worth looking at. Lots of interesting data on education attainment by age, race, gender, etc. What I want to focus on […]
U of M’s value
A thought experiment: Assume the University of Michigan/Ann Arbor decides – as MSU did with its medical school – to take offers to relocate all or part of its operations. But not just someplace else in Michigan, any place on the planet. How much would the incentive packages put together by communities and countries be? […]
The higher education we need
This is the first of a series of posts on higher education. As many of you know, in our 2006 A New Agenda for a New Michigan, we argued to recreate a high prosperity Michigan, maintaing a quality and agile higher education system was the #1 priority for state policy makers . We have been […]