Saturday, May 04, 2013

How the Internet Should Increase Geographic Mobility

Latest blog post at Pacific Standard magazine.

Theme: How is the Internet impacting human migration patterns?

Subject Article: "Move over: Falling labour mobility in America may reflect a more efficient market."

Other Links: 1. "Ernest George Ravenstein: The Laws of Migration, 1885."
2. "It’s Not the People You Know. It’s Where You Are."
3. "IN PRAISE OF SPIKES: IN AN EXCLUSIVE EXCERPT, THE GURU OF THE CREATIVE CLASS EXPLAINS THE PEAKS AND VALLEYS OF THE GLOBAL ECONOMY."
4. "How the Internet is boosting marriage rates."

Postscript: Link #4 inspired this blog post. I'm riffing off of Tyler Cowen's thinking about the best of the internet revolution is yet to come and remembered the findings discussed in the subject article. I've discussed the subject article before, focusing more on Enrico Moretti's point about the disparity in geographic mobility between Europe and the United States. My theory is that too much social capital gums up migration. People are more risk averse. Cities, because they attract so many migrants, operate in an environment with much less social capital. Thus, they tend to be less risk averse and more entrepreneurial. It is migration, not density, that makes a city so productive.

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