- Global war for good jobs
- if cities/countries fail at creating good jobs, their society will fall apart
Successful cities
- examples
San Francisco
- Singapore
- Seoul
- Effects
brain gain
- talent gain
- job creation
- Country structure
Rich tax base depends primarily on companies that create good jobs
- Tax funds social security
- China GDP to surpass US in 30 years
US GDP: USD15 trillion
- China GDP: USD 5 trillion
Source of jobs
- Countries
Intent - based in behavioral economics as opposed to classical economics
stimulated by local leaders
- behavior economics - science of choice
70% emotional
- 30% rational
- classical economics - supply, demand and fiscal policies
- America's greatest advantage - Freedom
- Cities - most important solutions are local
Big cities
- great universities
- powerful local leaders - 10,000 people
who to talk to
- levers to pull
- faster and better than city council
- super mentors
Talent types
- Entrepreneurship - optimism and determination
50% traced back to universities
smart business models
- inventions
- smart business models are more important than inventions/innovation
- creates new customers
- Managers
get employees to work on their strengths
- a great boss
- bad manager never gets better
- listening to customers better and delivering what they want better
relationships trumps price
Future generation
- kids drop out when they lose hope to graduate
Further readings
- *The United States of Europe*