by Joel Kotkin — Until just a few years ago, the need for economic growth to sustain societies was almost universally acknowledged. This was not just gospel on the free-market Right. Whatever its failings, twentieth century socialism was growth-oriented and espoused the notion, however poorly realized, that greater material progress was critical to expanding working-class wealth.

by Joel Kotkin — “We are the modern equivalent of the ancient city-states of Athens and Sparta....” declared then-governor Arnold Schwarzenegger in 2007. In truth, the Golden State is becoming a semi-feudal kingdom, with the nation’s widest gap between middle and upper incomes—72 percent, compared with the U.S. average of 57 percent—and its highest poverty rate.

by Joel Kotkin — Earlier in this decade, cities—the bigger and denser the better—appeared as the planet’s geographic stars. According to the 2013 book If Mayors Ruled the World, everyone would be better off if state rule were replaced by rule from the most evolved urban areas.

by Joseph Vranich — The brokerage firm Charles Schwab announced today it would acquire TD Ameritrade in a $26 billion deal and will move its headquarters from San Francisco to the Dallas-Forth Worth area.