tag:blogger.com,1999:blog-29127973.post6337018553720187187..comments2023-10-27T03:16:03.213-04:00Comments on Burgh Diaspora: Talent Gluts And Global CitiesJim Russellhttp://www.blogger.com/profile/13078184665418828961noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-29127973.post-3862570810439679202012-04-22T09:46:43.077-04:002012-04-22T09:46:43.077-04:00More inmigration and subsequent gentrification wil...More inmigration and subsequent gentrification will displace native residents. I figure that return migration is already a substantial part of the talent glut that depresses wages regionally.Jim Russellhttps://www.blogger.com/profile/13078184665418828961noreply@blogger.comtag:blogger.com,1999:blog-29127973.post-71931744708213830452012-04-21T19:18:13.069-04:002012-04-21T19:18:13.069-04:00Mr. Russell - How does one encourage out migration...Mr. Russell - How does one encourage out migration in an area such as Pittsburgh? There was a large out migration in the 1980's. Which in turn left a dearth of demand or goods and homes. This is still the case, where housing is cheap. <br /><br />In my case, I came from NJ/NYC in 1998. Went from $1500/month to $475/month rent. Beers were $5.25/pint vs $2.5-3 per pint. Parking in midtown $50/day vs $5-12/day. Cost of living has not changed much here since 1998. I went from scrapping by to holy S*&^ I am saving money and my life style has not changed much. <br /><br />Thanks for blogging!!Tom Mchttps://www.blogger.com/profile/00938551498393850959noreply@blogger.comtag:blogger.com,1999:blog-29127973.post-5736135330117519842012-04-20T14:20:25.668-04:002012-04-20T14:20:25.668-04:00How can we know when talent gluts spur innovation ...<i>How can we know when talent gluts spur innovation and when they don't?</i><br /><br />In theory, talent gluts caused by substantial inmigration will spur innovation. Talent gluts caused by too little outmigration will stifle innovation.<br /><br />The links between innovation and migration are well documented. The same goes for geographic immobility and poverty. There is a positive correlation.<br /><br />Lots of fools rush into places such as Portland, Austin, New York, and DC. Just a fraction of these migrants make it work. That dynamic works wonders for a city's innovation capacity.Jim Russellhttps://www.blogger.com/profile/13078184665418828961noreply@blogger.comtag:blogger.com,1999:blog-29127973.post-44400380783261711262012-04-20T14:08:04.168-04:002012-04-20T14:08:04.168-04:00How can we know when talent gluts spur innovation ...How can we know when talent gluts spur innovation and when they don't?Matthew Hallnoreply@blogger.com