Are Economic Developers Still Held Hostage to the Mobility of Capital?
Economic development’s most deep-seated axiom is that capital is mobile, people can exit, and business can move to greener pastures. How do we get our collective hands around the sad fact nothing is tied down, and our job description/paycheck require us to wave some magic wand and make the problem go away? Paul Peterson’s classic City Limits (1881), questions whether a city can overcome the mobility of capital. Let’s update Peterson and see how things have changed.
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About the Editor
Ron Coan
PH D.
Ron is the Editor for the Journal of Applied Research in Economic Development (C2ER). He is also currently a Senior Fellow, Center For Regional Economic Competitiveness and former Adjunct at Johns Hopkins, Carey School of Business, The Edward St John Real Estate Program teaching graduate courses in Economic Development.