Here’s a flavor of what we have been reading this week:
The Kauffman Foundation has released a study that determined newly created and young businesses are the drivers of job creation. Its analysis showed that nearly two-thirds of net new jobs in 2007 came from companies less than five years old.
The Chronicle of Higher Education has this story debating if too many students are going to college. Choice quote: “It has been empirically demonstrated that doing well (B average or better) in a traditional college major in the arts and sciences requires levels of linguistic and logical/mathematical ability that only 10 to 15 percent of the nation’s youth possess. That doesn’t mean that only 10 to 15 percent should get more than a high-school education. It does mean that the four-year residential program leading to a B.A. is the wrong model for a large majority of young people.” — Charles Murray, American Enterprise Institute.
Newgeography.com’s Aaron Renn discusses the effects of reducing carbon emissions on regional economies. Renn concludes the article this way: “In short, action on carbon reduction may well be a good policy goal. But we shouldn’t embrace any means to that end uncritically if it creates huge distortions in regional economic advantage or further damages America’s industrial competitiveness.”
The New York Times Green Inc. blog writes about a Texas wind farm, job creation, and China.