I am back in Los Angeles. Returning to LAX after a 12 hour flight from Rome, I waited one hour to get through passport control and another 40 minutes to clear customs. This part of the airport looks like a prison and it struck me that we were all wasting our time for no good reason. The LA Airport people know when planes arrive. Why can’t they increase their staff capacity at these key times to open up more lanes? I was impressed with my 9 year old son’s self control but unimpressed with my own complaining.
Have you ever wondered why Detroit is poor while Chicago is rich? Here is some wisdom about Detroit’s problems. Chicago’s universities, its embrace of being a “green city” and its bet on finance have certainly helped its rise. In the year 1965 would you have predicted the Chicago vs. Detroit divergence? Do you give Michael Jordan and Mike Ditka all of the credit?
Did you know that no top women economists blog? To see my evidence read my piece here.