Stuart Scott: A Man Meant for the Big Stage

imageI spend a lot of time on this blog promoting local – a strong local economy, local businesses, and great local places. Local provides a broader opportunity for more people to participate, incubating talent.  With that said, it’s important to clarify that a vibrant economy exists on multiple levels, with those given a bigger stage having a real opportunity to serve as a unifying force between people and cultures.

Today, Stuart Scott, my favorite ESPN anchor, passed away after a long battle with cancer. I grew up watching Stuart on Sportscenter Continue reading

LeBron’s Legacy: A Place-Based Perspective

Growing up as a Connecticut native caught in the middle of the Boston-New York rivalry, one has to pick a side. Thanks to my Mom’s Boston roots, I learned early on that rooting for the Red Sox and Celtics is not for the faint of heart. Being ridiculed by championship-winning Yankee fans and watching the deterioration of the Celtics after Larry’s heyday was brutal, yet this dark night of the soul is the way true fans prove their mettle. Continue reading

Economic Participation

Hats off to Chana Joffe-Walt for this amazing piece of investigative journalism on economic participation and our current disability safety net. So how do we build an economy that works for all our brothers and sisters so that “happiness on earth ain’t just for high achievers”?  For this, our blog journeys on…

 

What Economics Can Learn From The World of Sports

imageTwo economic indicators are broadly used to measure the health of our economy: GDP to measure wealth and performance, and the unemployment rate to measure participation. Unfortunately, with these two metrics guiding our economic policy, an economy of alarming wealth concentration has been the unintended consequence. The President has called income inequality and upward mobility the “defining challenge of our times”. The political right seems to be in agreement, but is nervous as to how it can be addressed without increased political centralization and the stifling of personal freedom. To this political debate I offer the following thought; that the economic model we seek balancing performance, competition, freedom, participation, local and global forces is already modeled for us by the world of sports. Continue reading