The Kid Issue

Appearing in:

Forbes

Japan’s recent election, which overthrew the decades-long hegemony of the Liberal Democratic Party, was remarkable in its own right. But perhaps its most intriguing aspect was not the dawning of a new era but the emergence of the country’s low birthrate as a major political concern.

Many Japanese recognize that their birth dearth contributes to the country’s long-standing economic torpor. The kid issue was prominent in the campaign of newly elected Democratic Party Prime Minister Yukio Hatoyama, who promised to increase the current $100 a month subsidy per child to $280 and make public high school free. The Liberal Democrats also proposed their own pro-natalist program with a scheme for free child day care.

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World Capitals Of The Future

Appearing in:

Forbes

For most of those which were great once are small today; And those that used to be small were great in my own time. Knowing, therefore, that human prosperity never abides long in the same place, I shall pay attention to both alike

–Herodotus, Fifth Century B.C.

If the great Greek chronicler and “father of history” Herodotus were alive today, he would have whiplash. In less than a lifetime, we have seen the rapid rise of a host of dynamic new global cities – and the relative decline of many others. With a majority of the world’s population now living in cities, what these places do with their new wealth ultimately will shape this first truly urban century.

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Moving to Reloville, America’s Cross-Country Careerists

Appearing in:

The Wall Street Journal

Peter T. Kilborn’s Next Stop, Reloville: Life Inside America’s New Rootless Professional Class documents an important piece of social history: the lives of relocating corporate executives. These modern-day ­nomads—overwhelming white, well-educated and middle-class—maintain the business machine of large companies. They include the technicians, marketing executives and professional managers who accept a rootless life in exchange for handsome remuneration.
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