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Andy Preston

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  1. The Economist20 min

    How to make poor areas richer

    Shaq, Andy Preston, Michael Weikert, Ava Miller, Jonathan, Hayley, Tom Standage

    Discussions on widening regional inequality highlight the risks of centralized governance while contrasting failed de-industrialization with successful economic pivots in cities like Pittsburgh and Middlesbrough. Case studies illustrate that targeted investments in dynamic hubs, such as Germany's post-reunification spending and Tulsa's remote work incentives, can reduce unemployment and spur growth, yet persistent wage gaps and migration challenges remain. Policymakers ultimately face a strategic dilemma between revitalizing every declining area or concentrating resources on specific centers to prevent national economic collapse and mitigate the moral costs of inaction.