Marshall, this is first-class, thoughtful, thorough, and of obvious
practical value. Your humble servant here more and more embraces the
concept of "economic domains" instead of political boundaries. For
instance, Dubuque, Iowa, on the Mississippi River forms a natural
tri-state economic domain with SW Wisconsin and NW Illinois. Folks
there are starting to realize this and act on it. Great! What happens
in Madison, WI, Springfield, IL, and Des Moines, IA - except for taxing
and regulations - has little if anything to do with the economic health
of this tri-state interface. Yes, economic domains, not political
boundaries are the future engines. The consul general of Canada from
Chicago told an audience last year, where this writer was in attendance,
that the Great Lakes states, Ontario and Quebec could easily form an
economic domain without the baggage of the rest of the political
structures to east, west, and south. He said such an economic domain
would create the 7th largest economy in the world - and 14th largest
population concentration! We are, yes, edging toward understanding and
applying the insights of "economic domains" in the future.
Sunday, January 13, 2013
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