Prosperity Blog Makes News

March 28, 2011

Or at least inspires news.

A while back, I wrote a post on our growing talent shortage in the face of new companies moving to town.

The good folks at Xconomy saw the post, and were inspired to dig a little deeper. Here’s their story.

Clearly the moral of the story is this: the Prosperity Blog is on top of the latest developments in regional economic development. Read early and read often!

Weekly REDEW: Putting Art at IKEA

February 15, 2011

It’s that time again for the regular feature we like to call REDEW: the Random Economic Development Email of the Week. Which is exactly what it sounds like…me talking about random emails that I receive that have something to do with economic development. Now, usually these REDEWs center around emails that I receive from various listservs and mailing lists that I somehow get added to. But this week I’m pleased to present an actual email sent from a real person to me. How could that be random, you ask? Well, just wait to read it. And by it, I mean the “Weekly REDEW: Putting Art at IKEA.”

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Hey, Kid: Here’s a Diploma. Why Don’t You Take Off Your Coat and Stay Awhile

December 27, 2010

Who should Washington’s public universities be trying to educate? If you ask most people, they’ll probably say that it’s our state’s residents. And that’s mostly the case. Overall, 89% of students in the six public universities in this state are residents (or at least find a way to qualify as residents for in-state tuition). And that makes a lot of sense, in terms of using our tax dollars to educate our kids.

But in terms of return on investment, that’s not actually the biggest bang for the buck. The best way to ensure that our state is getting a return on that investment is not to educate people that grow up here, but rather people who are going to stay here after the get their degree. Those are the people who are going to get jobs, pay taxes and be generally productive in our economy. Ideally, a lot of them are both kids who grow up here AND who stay here after college. But making sure that there’s a relationship between who goes to school here and who stays here isn’t as easy as you might think.

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