How can urban leaders in Baltimore, Cleveland, Detroit, Philadelphia, Pittsburgh, and St. Louis make the smart choices that can lead their city to make a comeback? The urban centers of New York City, Seattle, and San Francisco have enjoyed tremendous economic success and population growth in recent years. At the same time, cities like Baltimore and Detroit have experienced population loss and economic decline. People living in these cities are not enjoying the American Dream of upward mobility. How can post-industrial cities struggling with crime, pollution, poverty, and economic decline make a comeback? In Unlocking the Potential of Post-Industrial Cities, Matthew E. Kahn and Mac McComas explore why some people and places thrive during a time of growing economic inequality and polarization—and some don't. They examine six underperforming cities—Baltimore, Cleveland, Detroit, Philadelphia, Pittsburgh, and St. Louis—that have struggled from 1970 to present. Drawing from the field of urban economics, Kahn and McComas ask how the public and private sectors can craft policies and make investments that create safe, green cities where young people reach their full potential. The authors analyze long-run economic and demographic trends. They also highlight recent lessons from urban economics in labor market demand and supply, neighborhood quality of life, and local governance while scrutinizing strategies to lift people out of poverty. These cities are all at a fork in the road. Depending on choices made today, they could enjoy a significant comeback—but only if local leaders are open to experimentation and innovation while being honest about failure and constructive evaluation. Unlocking the Potential of Post-Industrial Cities provides a roadmap for how urban policy makers, community members, and practitioners in the public and private sector can work together with researchers to discover how all cities can solve the most pressing modern urban challenges.

Unlocking the Economic Potential of Post-Industrial Cities provides a roadmap for how urban policy makers, community members, and practitioners in the public and private sector can work together with researchers to discover how all cities can solve the most pressing modern urban challenges.

Examines underlying factors behind the rise and decline of Dayton, Ohio, an archetypal Rust-Belt city, ultimately proposing a plan for revival.

Exposing the roots of racial unrest that consistently harm Black communities In Slow and Sudden Violence, Derek Hyra links police violence to an ongoing cycle of racial and spatial urban redevelopment repression. By delving into the real estate histories of St. Louis and Baltimore, he shows how housing and community development policies advance neighborhood inequality by segregating, gentrifying, and displacing Black communities. Repeated decisions to “upgrade” the urban fabric and uproot low-income Black populations have resulted in pockets of poverty inhabited by people experiencing displacement trauma and police surveillance. These interconnected sets of divestments and accumulated frustrations have contributed to eruptions of violence in response to tragic, unjust police killings. To confront American unrest, Hyra urges that we end racialized policing, stop Black community destruction and displacement, and reduce neighborhood inequality.

This book examines contemporary policy debates from opposing perspectives. It considers seven key topics in today’s society: land use, education, international trade, health insurance, technological change, and recreational alcohol and drugs. Two scholars with differing viewpoints discuss each topic, one working in the classical liberal tradition and the other advocating slower, incremental societal change. While classical liberalism historically presents a vision of society comprised of free and responsible individuals, this book shows the importance of considering the nuances of this vision today. Beyond theoretical regulation vs. de-regulation debates, the book highlights challenges for classical liberals by considering how dynamism and creative destruction may disrupt communities, leading to worse outcomes for some groups. This edited volume aims to deepen understanding of this challenge to a free society and partake in and encourage civil intellectual discourse and debate. It will interest students and scholars from various fields, including economics, political science, public health, and environmental studies.

Africa welcomes business investment and offers some of the world's highest returns and impacts Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment—the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.

Since Garrett Hardin published The Tragedy of the Commons in 1968, critics have argued that population growth and capitalism contribute to overuse of natural resources and degradation of the global environment. They propose coercive, state-centric solutions. This book offers an alternative view. Employing insights from new institutional economics, the authors argue that property rights, competitive markets, polycentric political institutions, and social institutions such as trust, patience and individualism enable society to conserve natural resources and mitigate harms to the global environment.