Difference between revisions of "Economy"

From Faster Than 20
(Rural flight)
(Immigration and innovation)
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[[wikipedia:Greg Mankiw|N. Gregory Mankiw]] on [https://www.nytimes.com/2018/10/05/business/surprising-truths-about-trade-deficits.html the surprising truths about trade deficits].
[[wikipedia:Greg Mankiw|N. Gregory Mankiw]] on [https://www.nytimes.com/2018/10/05/business/surprising-truths-about-trade-deficits.html the surprising truths about trade deficits].
= Innovation =
Immigrants contribute an outsized portion of innovation in the U.S.<ref>John A. Griffin. [https://harvardmagazine.com/2019/01/william-kerr-harvard "The Innovation Engine."] ''Harvard Magazine''. January-February 2019.</ref>
* Since 1901, 33% of U.S. Nobel Laureates have been immigrants
* In 2014, 40% of doctoral degrees awarded to non-citizens
* More than a quarter of U.S. entrepreneurs were born overseas. The number has been rising steadily since 1995.
* [https://www.hbs.edu/faculty/Pages/profile.aspx?facId=337265 William Kerr] estimates that immigrants accounted for 29% of patents in 2017, up from 9% in 1975
* Native-born residents display more creativity where many immigrants work in innovation


= See Also =
= See Also =


* [[Equity]]
* [[Equity]]
= References =
<references />

Revision as of 00:45, 27 January 2019

Poverty

wikipedia:Poverty in the United States offers a good overview of how we measure poverty in the U.S. The Census Bureau tracks two measures: the official measure (developed in the early 1960s when Lyndon B. Johnson declared War on Poverty) and the Supplemental Poverty Measure.

Sites with clean interfaces that track various stats:

Rural flight

Middle-Class Jobs

Truck Driving

Trade

N. Gregory Mankiw on the surprising truths about trade deficits.

Innovation

Immigrants contribute an outsized portion of innovation in the U.S.[1]

  • Since 1901, 33% of U.S. Nobel Laureates have been immigrants
  • In 2014, 40% of doctoral degrees awarded to non-citizens
  • More than a quarter of U.S. entrepreneurs were born overseas. The number has been rising steadily since 1995.
  • William Kerr estimates that immigrants accounted for 29% of patents in 2017, up from 9% in 1975
  • Native-born residents display more creativity where many immigrants work in innovation

See Also

References

  1. John A. Griffin. "The Innovation Engine." Harvard Magazine. January-February 2019.