It is Christmas time again, and as usual I struggled to find good gifts for those I care about. To be honest, they are not much help. My lovely wife told me she might need a cleaning appliance of some sort, and my 9-year-old confessed to wanting new underwear, socks and perhaps a few surprises.
About the only thing I knew to give this year that might be honestly appreciated is a brief column on a subject that affects almost every community. Moreover, it is almost entirely free of the ill-informed ideology that seems to drive so much public policy these days. It is a simple economic model of regional growth.
Like any model, the regional growth model begins with some hypotheses.