Forum for Innovation

Hurricane Sandy has left a tremendous amount of destruction and disruption in its wake.  The Atlantic Cities has 12 incredible photos of what Sandy hath wrought.

Bloomberg’s Caroline Baum on why hurricane Sandy’s destruction is no prelude to greater wealth creation. 

Catherine Rampell of The New York Times looks at the "forgotten long-term unemployed." 

The Economist details the geography of income stagnation.  The states that have prospered over the past decade have either been blessed with an energy boom or have been located in the Plains (or both).  Those states with poor income growth tended to have large concentrations of manufacturing industry.  The worst performing region in the last decade was the Midwest, whose 16% decline in median incomes accounts for a sizeable portion of the entire country’s income stagnation.

 Jared Konczal on the Growthology blog looks at the real “entrepreneurial subculture” and considers how it can avoid groupthink.