
Geography of Occupation
Description
Book Introduction
“Your salary depends on where you live!” The geography of occupations that determines income, revealed through groundbreaking empirical research! A book in which President Obama received a direct report from the author on the future economy. A leading expert in empirical research, highly praised by world-renowned scholars such as Matthew Kahn and Edward Glaser. Amazon's best-selling book on economics and management. An economist who has been featured in all media outlets, including [The New York Times], [Business Week], and [Forbes]. Fulbright Scholarship recipient, Young Labor Economist of the Year by the German Labor Institute. The mystery of the economic landscape that determines income, revealed through groundbreaking empirical research by Enrico Moretti, professor of economics at the University of California, Berkeley. A masterpiece that insightfully proves that "the Earth is not flat!" through a wealth of academic theories, including labor economics and urban economics, and an analysis of employment and average income trends over the past 20 years. This guide provides a comprehensive overview of the new job landscape being reshaped by globalization and technological advancements, and presents the strategies and success formulas unique to innovation hubs that have succeeded in survival and prosperity. Watch the video "Geography of Occupation" *Click* |
- You can preview some of the book's contents.
Preview
index
Introduction
1.
The rise and fall of manufacturing
The Death of a Giant | Private Schools Built on Old Factory Sites | Manufacturing Has Its Own Trends | How China and Walmart Help the Poor | The Productivity Paradox | The Hollowing Out of the Labor Market | The Waves of History
2.
Smart Labor: Microchips, Films, and the Multiplier Effect
What are innovative jobs? Why innovation matters to you? New jobs, old jobs, and recirculating jobs. Why innovation jobs keep growing.
3.
A huge wave of separation
A Tale of Two Cities┃Where is the Center?┃Your Salary Is Determined More by Where You Live than Your Resume┃How Your Neighbor's Education Affects Your Salary┃The New Topography of Dividends and Inequality┃The Uneven Distribution of Death┃The Growing Gap in Divorce and Political Participation┃Charity Inequality
4.
The force of attraction
Walmart's Unrequited Love for San Francisco | Thick Markets | Ecosystems and Venture Capitalists | The Economics of Knowledge Diffusion | Why Brain Drain Is a Good Thing | A Nation Divided in Three | Why Adaptation is the Key to Success
5.
Inequality in mobility and cost of living
Reducing Unemployment with Immigration Vouchers | The Surprising Link Between Inequality and Real Estate | Housing Gentrification and Its Discontents
6.
Poverty Traps and Attractive Cities
When the Stars Align | What Biotechnology and Hollywood Have in Common | Poor but Fun | Can Universities Be Engines of Growth? | The Poverty Trap and the Economics of Massive Aid | Industrial Policy, Green Jobs, and the Difficulty of Picking Winners | Corporate Benefits and Worker Employment | Revitalizing Neighborhoods
7.
The New Century of Human Capital
The Social Return of Research | Why Inequality Originates in Education | The Math Race | Minority Inventors | Jobs and Visas | The Local and Global Economy
Acknowledgements
Translator's Note
Americas
1.
The rise and fall of manufacturing
The Death of a Giant | Private Schools Built on Old Factory Sites | Manufacturing Has Its Own Trends | How China and Walmart Help the Poor | The Productivity Paradox | The Hollowing Out of the Labor Market | The Waves of History
2.
Smart Labor: Microchips, Films, and the Multiplier Effect
What are innovative jobs? Why innovation matters to you? New jobs, old jobs, and recirculating jobs. Why innovation jobs keep growing.
3.
A huge wave of separation
A Tale of Two Cities┃Where is the Center?┃Your Salary Is Determined More by Where You Live than Your Resume┃How Your Neighbor's Education Affects Your Salary┃The New Topography of Dividends and Inequality┃The Uneven Distribution of Death┃The Growing Gap in Divorce and Political Participation┃Charity Inequality
4.
The force of attraction
Walmart's Unrequited Love for San Francisco | Thick Markets | Ecosystems and Venture Capitalists | The Economics of Knowledge Diffusion | Why Brain Drain Is a Good Thing | A Nation Divided in Three | Why Adaptation is the Key to Success
5.
Inequality in mobility and cost of living
Reducing Unemployment with Immigration Vouchers | The Surprising Link Between Inequality and Real Estate | Housing Gentrification and Its Discontents
6.
Poverty Traps and Attractive Cities
When the Stars Align | What Biotechnology and Hollywood Have in Common | Poor but Fun | Can Universities Be Engines of Growth? | The Poverty Trap and the Economics of Massive Aid | Industrial Policy, Green Jobs, and the Difficulty of Picking Winners | Corporate Benefits and Worker Employment | Revitalizing Neighborhoods
7.
The New Century of Human Capital
The Social Return of Research | Why Inequality Originates in Education | The Math Race | Minority Inventors | Jobs and Visas | The Local and Global Economy
Acknowledgements
Translator's Note
Americas
Into the book
The best place to understand the changing global economic landscape is the Chinese city of Shenzhen.
Even if you haven't heard of this city before, you will be hearing about it often in the future.
Shenzhen is one of the new industrial capitals on the world map and is one of the fastest-growing cities in the world.
In a short period of 30 years, this place has transformed from a small fishing village into a megacity with a population of 15 million.
In the United States, it would take a fast-growing city like Las Vegas or Phoenix at least 20 years to double its population.
However, the population of Shenzhen increased more than 300-fold, and in the process, it became the manufacturing capital of the world.
(Page 6)
Faced with painful job losses, many argue that we can and should turn back the clock by protecting the manufacturing sector from all threats, both external and internal.
These 'manufacturing activists' propose to fight history.
Their argument ignores the simple fact that the forces that have driven manufacturing's decline are very difficult to stop.
Like King Canute of England, who nearly drowned because he believed he could turn back the tides that were rushing onto the land, these activists cannot resist the forces of history.
(Page 74)
As more and more young people in emerging economies pursue college and graduate education, the global supply of skilled, creative workers with innovative capabilities is increasing.
In contrast, the demand for skilled and creative workers is growing even faster.
While the recent recession has temporarily slowed this growth in demand, in the long run, globalization and technological advancements mean "more jobs, better pay" for creative workers who generate new ideas and products.
While this is good news for society as a whole, the effects of this change are geographically uneven.
The creation of new jobs is not spread evenly across the country.
Some cities and regions tend to be favored while others are ignored.
Geography is becoming increasingly important.
(Page 114)
Which city pays lawyers the most? I must admit I got this wrong.
Before looking at the data, I assumed that lawyers in New York or Washington would earn the most in the United States.
I imagined powerful lawyers wearing $5,000 tailored suits, brokering multi-billion dollar deals in the centers of finance and power.
While it's clear that New York and Washington have the most lawyers among American cities, their lawyers don't necessarily earn the most money.
Using data collected by the Census Bureau, we found that lawyers in San Jose earn the most (average annual income of more than $200,000), while lawyers in San Francisco earn slightly less.
(Page 140)
We live in a world where the gap is rapidly widening.
Thriving industries tend to be concentrated in a few cities.
These cities are creating good jobs and generating high salaries, while others are falling further behind.
People can leave failing cities and move to thriving ones.
But as we have seen, movement is not a panacea.
The question is, how do we save communities where jobs and skills are mismatched?
(Page 267)
Even if you haven't heard of this city before, you will be hearing about it often in the future.
Shenzhen is one of the new industrial capitals on the world map and is one of the fastest-growing cities in the world.
In a short period of 30 years, this place has transformed from a small fishing village into a megacity with a population of 15 million.
In the United States, it would take a fast-growing city like Las Vegas or Phoenix at least 20 years to double its population.
However, the population of Shenzhen increased more than 300-fold, and in the process, it became the manufacturing capital of the world.
(Page 6)
Faced with painful job losses, many argue that we can and should turn back the clock by protecting the manufacturing sector from all threats, both external and internal.
These 'manufacturing activists' propose to fight history.
Their argument ignores the simple fact that the forces that have driven manufacturing's decline are very difficult to stop.
Like King Canute of England, who nearly drowned because he believed he could turn back the tides that were rushing onto the land, these activists cannot resist the forces of history.
(Page 74)
As more and more young people in emerging economies pursue college and graduate education, the global supply of skilled, creative workers with innovative capabilities is increasing.
In contrast, the demand for skilled and creative workers is growing even faster.
While the recent recession has temporarily slowed this growth in demand, in the long run, globalization and technological advancements mean "more jobs, better pay" for creative workers who generate new ideas and products.
While this is good news for society as a whole, the effects of this change are geographically uneven.
The creation of new jobs is not spread evenly across the country.
Some cities and regions tend to be favored while others are ignored.
Geography is becoming increasingly important.
(Page 114)
Which city pays lawyers the most? I must admit I got this wrong.
Before looking at the data, I assumed that lawyers in New York or Washington would earn the most in the United States.
I imagined powerful lawyers wearing $5,000 tailored suits, brokering multi-billion dollar deals in the centers of finance and power.
While it's clear that New York and Washington have the most lawyers among American cities, their lawyers don't necessarily earn the most money.
Using data collected by the Census Bureau, we found that lawyers in San Jose earn the most (average annual income of more than $200,000), while lawyers in San Francisco earn slightly less.
(Page 140)
We live in a world where the gap is rapidly widening.
Thriving industries tend to be concentrated in a few cities.
These cities are creating good jobs and generating high salaries, while others are falling further behind.
People can leave failing cities and move to thriving ones.
But as we have seen, movement is not a panacea.
The question is, how do we save communities where jobs and skills are mismatched?
(Page 267)
--- From the text
Publisher's Review
1
“Your salary depends on where you live.”
This was revealed through analysis of employment and income trends over the past 20 years.
The new landscape of jobs that determines your salary!
The map of the world economy is changing.
The extent of the change is enormous and the pace is accelerating.
New economic powerhouses are emerging on the map, while old powerhouses are fading away.
Some cities are booming, while others are shrinking.
What were once tiny, barely visible dots on the map have transformed into thriving megacities with thousands of new businesses and millions of jobs.
These changes are creating winners and losers, and the gap between the two is only growing wider.
Enrico Moretti, an emerging economist who has been highlighted by all media outlets including [The New York Times], [Business Week], and [Forbes], analyzes trends in jobs and average income in major cities such as San Francisco, California, Seattle, New York, Washington, and Detroit over the past 20 years to reveal the secrets of the economic landscape that determines income.
The book presents groundbreaking content and survival strategies that even President Obama, concerned about the future of the economy, received a direct report from the author.
This book, which contains the author's outstanding research results on interpreting global economic trends and changes in jobs, immediately captured the attention and minds of readers, rising to the top of Amazon's economics and management bestseller list.
The changing economic landscape, which creates huge gaps not only in income but also in education, life expectancy, household health, and political participation, affects every aspect of our lives.
Addressing this massive wave of segregation—encouraging the growth of innovation hubs while curbing the decline of others—is a pressing challenge. "Geography of Work" is a guide that illuminates the path.
2
A masterpiece that insightfully proves that 'the Earth is not flat'
In the early 2000s, when the dot-com boom was at its peak, experts from all walks of life unanimously concluded that the new economy would offer both companies and workers greater freedom of location.
In The World is Flat, arguably the most influential book on globalization, Thomas Friedman famously argued that cell phones, email, and the Internet have lowered communication barriers so dramatically that physical location no longer matters.
The idea was that places like Silicon Valley would disappear from the map because physical contact wouldn't be necessary.
This view is well summarized in the following words of Scott McNealy, who served as CEO of Sun Microsystems, one of the most iconic and influential Silicon Valley companies, for 22 years:
“Silicon Valley is moving to Asia and other regions where techies are plentiful because they don’t have to spend $3.5 million on a house or pay half their salary in taxes.”
But in fact, this claim has little to do with our reality.
Enrico Moretti, a leading empirical researcher praised by world-renowned scholars such as Matthew Kahn and Edward Glaeser, insightfully demonstrates, through a wealth of academic theories and real-world examples from labor economics and urban economics, that the "end of the street" caused by technological advancement and globalization is not true.
For example, over the past decade, job growth in the internet, software, and life sciences sectors has been more than eight times faster than overall job growth in the rest of the economy, clearly demonstrating that if other sectors of the economy had grown at the rate these three sectors had, not only would there have been no unemployment, but there would have been five new jobs for every citizen, including babies and seniors.
3
The mystery of the economic landscape that determines your income!
“In which region do people earn more?”
A lawyer in San Jose and a lawyer in Washington, a high school graduate in Denver and a high school graduate in Salt Lake City, a waiter in Las Vegas and a waiter in San Diego, a college graduate in Seattle and a college graduate in Albuquerque, a computer scientist in San Francisco and a computer scientist in New York, a high school graduate in Boston and a college graduate in Flint… … .
Where do people live and earn more?
According to the author's analysis, a high school graduate in Boston, a city with a thriving health care, high-tech R&D, and financial industry, earns $20,000 more annually than a college graduate in Flint, a city centered on traditional manufacturing, such as automobile production.
We analyze in detail the causes of these disparities depending on where you live and propose alternatives that can reduce these huge differences.
Beyond that, the author meets a colorist at Pixar, a bookbinder in San Francisco, walks through Seattle's trendy Pioneer Square, visits Berlin, one of Europe's most interesting but surprisingly poor cities, and Raleigh-Durham, a thriving city with relatively few attractions.
This process vividly illustrates how changes in the global economy are reshaping the global workplace.
We also explore how China's industrial power has expanded, what this means for workers in Korea and Japan, what changes are driving the future of jobs, the fate of specific cities and regions, and how these changes impact our work lives, our communities, and our lifestyles.
“Your salary depends on where you live.”
This was revealed through analysis of employment and income trends over the past 20 years.
The new landscape of jobs that determines your salary!
The map of the world economy is changing.
The extent of the change is enormous and the pace is accelerating.
New economic powerhouses are emerging on the map, while old powerhouses are fading away.
Some cities are booming, while others are shrinking.
What were once tiny, barely visible dots on the map have transformed into thriving megacities with thousands of new businesses and millions of jobs.
These changes are creating winners and losers, and the gap between the two is only growing wider.
Enrico Moretti, an emerging economist who has been highlighted by all media outlets including [The New York Times], [Business Week], and [Forbes], analyzes trends in jobs and average income in major cities such as San Francisco, California, Seattle, New York, Washington, and Detroit over the past 20 years to reveal the secrets of the economic landscape that determines income.
The book presents groundbreaking content and survival strategies that even President Obama, concerned about the future of the economy, received a direct report from the author.
This book, which contains the author's outstanding research results on interpreting global economic trends and changes in jobs, immediately captured the attention and minds of readers, rising to the top of Amazon's economics and management bestseller list.
The changing economic landscape, which creates huge gaps not only in income but also in education, life expectancy, household health, and political participation, affects every aspect of our lives.
Addressing this massive wave of segregation—encouraging the growth of innovation hubs while curbing the decline of others—is a pressing challenge. "Geography of Work" is a guide that illuminates the path.
2
A masterpiece that insightfully proves that 'the Earth is not flat'
In the early 2000s, when the dot-com boom was at its peak, experts from all walks of life unanimously concluded that the new economy would offer both companies and workers greater freedom of location.
In The World is Flat, arguably the most influential book on globalization, Thomas Friedman famously argued that cell phones, email, and the Internet have lowered communication barriers so dramatically that physical location no longer matters.
The idea was that places like Silicon Valley would disappear from the map because physical contact wouldn't be necessary.
This view is well summarized in the following words of Scott McNealy, who served as CEO of Sun Microsystems, one of the most iconic and influential Silicon Valley companies, for 22 years:
“Silicon Valley is moving to Asia and other regions where techies are plentiful because they don’t have to spend $3.5 million on a house or pay half their salary in taxes.”
But in fact, this claim has little to do with our reality.
Enrico Moretti, a leading empirical researcher praised by world-renowned scholars such as Matthew Kahn and Edward Glaeser, insightfully demonstrates, through a wealth of academic theories and real-world examples from labor economics and urban economics, that the "end of the street" caused by technological advancement and globalization is not true.
For example, over the past decade, job growth in the internet, software, and life sciences sectors has been more than eight times faster than overall job growth in the rest of the economy, clearly demonstrating that if other sectors of the economy had grown at the rate these three sectors had, not only would there have been no unemployment, but there would have been five new jobs for every citizen, including babies and seniors.
3
The mystery of the economic landscape that determines your income!
“In which region do people earn more?”
A lawyer in San Jose and a lawyer in Washington, a high school graduate in Denver and a high school graduate in Salt Lake City, a waiter in Las Vegas and a waiter in San Diego, a college graduate in Seattle and a college graduate in Albuquerque, a computer scientist in San Francisco and a computer scientist in New York, a high school graduate in Boston and a college graduate in Flint… … .
Where do people live and earn more?
According to the author's analysis, a high school graduate in Boston, a city with a thriving health care, high-tech R&D, and financial industry, earns $20,000 more annually than a college graduate in Flint, a city centered on traditional manufacturing, such as automobile production.
We analyze in detail the causes of these disparities depending on where you live and propose alternatives that can reduce these huge differences.
Beyond that, the author meets a colorist at Pixar, a bookbinder in San Francisco, walks through Seattle's trendy Pioneer Square, visits Berlin, one of Europe's most interesting but surprisingly poor cities, and Raleigh-Durham, a thriving city with relatively few attractions.
This process vividly illustrates how changes in the global economy are reshaping the global workplace.
We also explore how China's industrial power has expanded, what this means for workers in Korea and Japan, what changes are driving the future of jobs, the fate of specific cities and regions, and how these changes impact our work lives, our communities, and our lifestyles.
GOODS SPECIFICS
- Date of issue: July 4, 2014
- Page count, weight, size: 383 pages | 576g | 148*210*25mm
- ISBN13: 9788934968399
- ISBN10: 8934968397
You may also like
카테고리
korean
korean