BC SOCIETY
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1/OK, I should really write another thread about university-centric regional development, because I think people often make some (very understandable) mistakes when thinking about this issue.

 2/The biggest myth, I think, is that universities help regions by educating locals as undergraduates.

Skeptics of universities say: "But most of the people who graduate end up leaving."
3/In fact, most of what a university does for a regional economy is NOT about educating local kids.

Educating local kids is good for the nation, but doesn't help a region much.

The way a university helps a region is through RESEARCH.

https://t.co/zud8wNQDTh
4/Undergraduates usually leave town after graduation.

But university RESEARCH pulls in OTHER smart people from other regions, and they stay there.

Here's a paper showing that this is the main way universities increase a region's human capital: https://t.co/ofu256tsFi
5/Research also pulls in business investment.

Companies want to partner with university labs, so they can commercialize the technologies the labs produce. So they invest in the labs, and sometimes they even put their offices in the town.
6/So should we be worried that college enrollment is dropping?
https://t.co/NiVzQVgn5I

Answer: A little bit. But mainly because this means less tuition money that can be used to fund university research labs.
7/Yes, it would be great if universities were allowed to admit more foreign students (who pay high tuition that can be used to fund research labs that draw in smart workers and business investment).

BUT, the most important thing is to fund research more!!
8/Myth #2 is the idea that a university only helps a region if it creates a new technology cluster - a "next Silicon Valley".

Critics of university-centric development like to point out that the probability of succeeding at this is very low.

But this doesn't really matter.
9/Universities help regions even when they don't become the "next Silicon Valley".

My hometown of College Station is no Silicon Valley. But College Station, and its surrounding region, are thriving thanks to a university.

https://t.co/2GduLv9SL5
10/Even a humble, non-prestigious university can help a declining region in real, important ways.

Beyond the research-and-investment thing I discussed earlier, universities also draw in residents from small towns, creating pleasant small cities.
https://t.co/2xqpKdMZUs
11/And even if a town doesn't become a tech cluster, universities can help local business, government, and nonprofit leaders plan local industrial development.

https://t.co/hYSbEKxeV8
12/Finally, Myth #3 is the idea that university-centric development needs prestigious universities like Harvard to build new branch campuses.

In fact, this is unlikely to be a useful approach. https://t.co/uxUcLHzmON
13/We already HAVE tons of universities and colleges in almost all regions of America.

What we have to do is UPGRADE the RESEARCH CAPABILITIES of the second- and third-tier universities.
14/How do we upgrade existing 2nd- and 3rd-tier universities?

1. By spending more research dollars there

2. By encouraging companies to partner with the labs there

3. By letting these universities admit more high-paying foreign students

4. A new land grant program?
15/To sum up, the three big myths of university-centric development are:

1. The myth that education is the main thing universities do for a town

2. The myth that universities need to create the "next Silicon Valley"

3. The myth that new branch campuses are the answer
16/University-centric regional development is about research. It's about drawing in businesses. It's about drawing in people and creating a pleasant, efficient city in a declining region. It's about coordinating leadership to boost local growth.

And it works.

(end)

More from Noah Smith

Noah Smith
Noah Smith
@Noahpinion
Confession: I haven't the slightest interest in my genetic ancestry or where my ancestors came from or what they did.

I mean, my dad's family came from Lithuania. They changed their name from Kuznets in 1905. At some point they were blacksmiths. My mom's family came from Halychyna in Ukraine. I have no idea what they did. That's about all I know.

Oh, I do know that pretty much all of my extended family who stayed in Europe got wiped out by the Nazis.

I like to think that my ancestors were nothing and nobody. Random boring peasants with no special talents or wealth.

Except for Genghis Khan, of course. But he's everyone's ancestor.

The best thing about this approach is that I don't have anything to live up to. ;-)

(end)
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Noah Smith
Noah Smith
@Noahpinion
Very interesting new report about how America's economic geography has changed since the great recession: https://t.co/l3YE4WzgKx

Short version: Places with lots of skilled workers are doing great, other places aren't. But more people are moving to the former, which is good.

And here are cool interactive maps to go along with the

Report is via @LettieriDC, who is doing great work on struggling places.

A bit of good news: People are moving from economically bad places to economically good places, though probably too slowly.


Rural America continues to languish.
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Noah Smith
Noah Smith
@Noahpinion
Bloomberg Ideas conference now starting! I will be live-tweeting it. You can watch on our Facebook or Twitter pages (links below)!


Our first panel is about cryptocurrency! We have @matt_levine, @tylercowen, @eiaine, @nirkaissar, and Camilla

Ou: Crypto will be useful for the unbanked.

Cowen: Crypto has to compete against a bunch of other emerging payments technologies. Bitcoin is too inflexible.

Cowen: I'll bet on the payments companies over crypto.
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1/Alright, gather round, friends, and let me tell you the story of 1930s Japan, and how it's a cautionary tale for 2020s

2/Everyone knows that Japan became militarist, fascist, and (even more) expansionist in the 30s.

But what few people know is that this followed 6 years of coup attempts by EVEN MORE militarist/fascist/expansionist lunatics.

So let's review that history.


3/The first coup attempt was the March Incident in 1931.

Basically, some right-wing army officers planned to stage a riot to provoke martial law, and install a military dictator.

It failed when they couldn't get enough people to riot.


4/The coup plotters weren't really punished, so they just tried again a few months later. Some of their co-conspirators ratted them out and they failed again.

But AGAIN THEY WEREN'T PUNISHED! People defended them, saying they were simply too patriotic. 🤡


5/These coup plotters wanted the following:

1. A military dictator
2. Aggressive military action against Japan's rivals (i.e. every other country)
3. Increased colonial expansionism
4. Some mumbo-jumbo about cultural purity and economic egalitarianism
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Noah Smith \U0001f407
Noah Smith 🐇
@Noahpinion
1/Lots of tech companies and workers are making noises about leaving San Francisco, LA, NYC, and other "superstar" cities.

Some are predicting a shift to remote work and distributed companies.

Let's take a hard look at what that would actually

2/We're all familiar with the trend of tech companies and other knowledge industries (finance, biotech, etc.) piling into a few tech hubs, raising rents and house prices.

Now some think the advent of Zoom, Slack, etc. might reverse this trend.

https://t.co/nQVCJrKvrB


3/But escaping the superstar cities is going to be tough.

The forces keeping tech companies in places like SF are so strong that these regions have essentially become prisons for these companies.


4/In order to escape the prison of the superstar cities, tech companies and other knowledge industries will have to overcome the Four Jailers of Industrial Clustering:

1. In-person office productivity

2. Thick market effects

3. Knowledge spillovers

4. City life amenities

5/I'm actually pretty optimistic that companies can find ways to make remote work productive.

Studies show that working from home *some* of the time actually tends to raise
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1/ The “I Have a Dream" speech is one of the most extraordinary speeches in American history. You should read it again. First, a few thoughts about the common American heritage Dr. King relied upon in calling Americans to rededicate themselves to the unfinished work of freedom.


2/ Dr. King delivered his speech in what he called the “hallowed spot” of the Lincoln memorial. More than a picturesque backdrop, King relied on America’s reverence for Lincoln and the common celebration of Lincoln’s words and acts, especially the Emancipation Proclamation.


3/ “Five score years ago…” King echoes the words of the Gettysburg Address. Like Lincoln, King invokes the Declaration of Independence and the fundamental principles of American freedom, “life, liberty and the pursuit of happiness.” Every person in that crowd knew these words.


4/ The Declaration, Constitution and Emancipation Proclamation declared and established the fundamental American principles of freedom that all Americans knew and believed in. But these principles and promises remained unfulfilled for black Americans.


5/ Lincoln’s audience knew the history of slavery and many had suffered personal loss in the ongoing war. Dr. King’s audience knew the history of violent racism, segregation, and unequal economic opportunity. The Proclamation freed the slaves, “but the Negro still is not free.”
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Today is also death anniversary of P.V.Narasimha Rao, the man who liberalized the Indian economy, and opened it up. And more than anything else, provided the much needed stability for India in the turbulent 90s. One of the best PMs IMO. #PVNarasimhaRao


The man who dismantled India's Licence Raj, opened up relations with Israel, adopted a Look East Policy. P.V.Narasimha Rao took over as PM, when India was faced with multiple challenges both on political and economic front in 1991.

Assasination of Rajiv Gandhi, Economic crisis, India was facing a bleak scenario, in 1991 when PVNR became the PM. It is to PVNR's credit that when he stepped down as PM in 1996,more people in India were optimistic about their future, more confident. #PVNarasimhaRao

I was one of those who grew up during the PVNR era, experienced the initial changes he bought along. He introduced far sweeping reforms( forced or otherwise) , when he was just running a minority Govt dependent on allies support. #PVNarasimhaRao

Heading a minority Govt,PVNR managed to pass through crucial bills on economy, not a mean feat at all. He had to deal with the Nehruvian-Socialist lobby in his own party, apart from the Left, but managed to push through the economic reforms. #PVNarsimhaRao
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신념의사나이...
@Belposto_korea
What does Gold- Backed mean?
The Chinese Elders have been accumulating gold for hundreds of years. They are gold-rich. Some of their gold was loaned to the Central Banking System so that it could fund the rebuilding of Europe after the many war-torn years from World Wars I and II

BTW they never returned it but used it to start their financial empire to enslave humanity. This is the Central Bank Banking System./2

Maybe this is why one of the conditions to use their gold for the QFS is the demise and full disclosure of the Central Bank banking system before the RV can take place./3

The Elders have caves of hidden gold and are now using it to gold-back the currencies in the QFS for every country in the world. It is important to understand that the QFS and the money it is about to release is all brand-new currency./4

It was designed by the Alliance to fund the new financial system that will reset all Currencies of the world to Gold-Backed currency./5
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Thread: Rush Limbaugh and the conservative Id

On the day of his passing, it's worth doing a brief retrospective on how Rush Limbaugh's personal life almost perfectly paralleled American conservatism...

One thing that's not commonly known about Rush Limbaugh is that he began his career in sports, doing sales for the Kansas City Royals baseball team. That's significant because much of the tribalism and dumbed-down rhetoric in American TV news directly came from sports media.

Television journalism in its earliest days was a fantastic product with real investigative reporting, no filibustering live interviews, and no soundbites. This began changing in the 1970s when ABC Sports president Roone Arledge was put in charge of ABC News.

Limbaugh tried to be a conventional FM deejay but kept getting fired because his personality was too abrasive. After working with the Royals, he began a small political talk show for a Sacremento station. The Reagan repeal of the Fairness Doctrine made his show possible.

Rush Limbaugh's Sacramento show started in 1984 (he replaced Morton Downey Jr) and after 5 years, he was picked up by ABC Radio which was trying to copy some of the sensationalism that ABC News television had started. It was a perfect fit.
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Rob Ford
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Two things can be true at once:
1. There is an issue with hostility some academics have faced on some issues
2. Another academic who himself uses threats of legal action to bully colleagues into silence is not a good faith champion of the free speech cause


I have kept quiet about Matthew's recent outpourings on here but as my estwhile co-author has now seen fit to portray me as an enabler of oppression I think I have a right to reply. So I will.

I consider Matthew to be a colleague and a friend, and we had a longstanding agreement not to engage in disputes on twitter. I disagree with much in the article @UOzkirimli wrote on his research in @openDemocracy but I strongly support his right to express such critical views

I therefore find it outrageous that Matthew saw fit to bully @openDemocracy with legal threats, seeking it seems to stifle criticism of his own work. Such behaviour is simply wrong, and completely inconsistent with an academic commitment to free speech.

I am not embroiling myself in the various other cases Matt lists because, unlike him, I think attention to the detail matters and I don't have time to research each of these cases in detail.
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Make them irrelevant > Hold a grudge

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1.Meenakshi Amman Temple(472ft High)also called as Meenakshi Sundareswarar is a famous Hindu temple located on the southern bank of Vaigai River in temple city of Madurai, #TamilNadu.It is dedicated to Parvati(Meenakshi)& her consort Shiva(Sundareswarar). @LostTemple7


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Ashta Siddhi

Ashta Siddhi is mentioned in Patanjali Yog sutra and can be obtained by very few through countless years of practice and devotion to all eight limbs of Ashtanga Yoga.

Siddhi can loosely be translated as accomplishment or a special power or unusual skill.


The eight Siddhis are:

1. Anima: Reducing one’s physical self to the size of an atom.

2. Mahima: Expanding one’s physical self to infinite level

3. Garima: Making one’s physical self so heavy as immovable by others

4. Laghima: Becoming almost weightless


5. Prapti: Being able travel anywhere in the Universe

6. Prakamya: Can know & understand what is going on in one’s mind. Can understand other person’s min.

7. Ishitva: Possessing title of Bhagwan

8. Vashitva: A seeker can subdue any person/thing

(Hanuman Jayanti is coming)


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