Category Archives : Michigan Talent

Ideas to Attract and Retain Talent in Michigan


Placemaking agenda: municipal finance

For more than a decade we have argued that the strategy for producing better economic outcomes that Michigan has adopted is not smart. Basically lower taxes and smaller government as the recipe for economic growth. As lower taxes produced less state revenue that meant big cuts in higher education and support for local government. And […]


Low taxes and low prosperity

More evidence that cutting taxes does not lead to higher prosperity for Michiganders. One can make a strong argument that for at least two decades Michigan’s primarily strategy for raising Michiganders living standards has been to lower taxes. Advocates for that strategy have told us over and over that the place with more and better […]


A placemaking policy agenda

More than a decade of research on the changing American economy has led us to conclude that, quite simply, in a flattening world where work can increasingly be done anyplace by anybody, the places with the greatest concentrations of talent win. The new path to prosperity is concentrated talent. Human capital is what attracts business […]


Development-oriented light rail

Years ago I heard a presentation by folks who were involved in the development of the Portland Oregon streetcar system. They described it as development-oriented transit, not transit-oriented development. They wanted to emphasize that the main purpose was central city economic development, not moving people. (You can check out the staggering magnitude of new development […]


People as the most important natural resource

One of our favorite quotes for years comes from Forbes publisher Rick Karlgaard: “Best place to make a future Forbes 400 fortune? Start with this proposition: The most valuable natural resource in the 21st century is brains. Smart people tend to be mobile. Watch where they go! Because where they go, robust economic activity will […]


Urban amenities and talent attraction

Terrific CityLab article entitled The Real Source of American Urban Revival. It documents the trend we have been writing about for nearly a decade that young professionals far more than previous generations are concentrating in central cities not the suburbs. CityLab reports: From 2000 to 2010, more college-educated professionals aged 25 to 34 moved downtown […]


Renters and economic prosperity

A core finding of Michigan Future’s research has been that what made us prosperous in the past, won’t in the future. The big change is that prosperity is now aligned with knowledge-based rather than factory-based economies. Another big change is that renters are now an asset not a liability in a community’s economic well being. […]


The college grad multiplier 1

In a previous post on why retaining and attracting young professional was an economic development priority I wrote: The reason they are important to economic growth is both they are the most mobile and that knowledge workers––professionals and managers––are now, and will increasingly be, the core of the middle class. They will play the same […]