Attention Economy


Monday, November 11, 2019

Political and Economic Divide in America

Tara Westover notes:
“Broadly speaking, the modern economy works well for cities and badly for the countryside. In recent years, growth has been hyper-concentrated in our cities, which are hubs of technology and finance. Meanwhile, the hinterlands, which rely on agriculture and manufacturing—what you might call the “old economy”—have sunk into a deep decline. There are places in the United States where the recession never ended. For them, it has been 2009 for 10 years. That does something to people, psychologically.”