Here's our latest featued essay, from Joel Kotkin and Mark Schill—

Over the last decade there has been a great focus on the movement of educated people between regions. In trying to understand where these populations are headed, various people have constructed different models stressing everything from the “agglomeration effects” of particularly high end industries to the concentration of artists, bohemians and gays.

Our analysis of the 2000 Census and the 2005 American Community Survey makes one thing clear: the strong net “brain gain” of places such as Boston, San Francisco, New York and Los Angeles over the past 40 years appears to have been reversed in most of the premier “knowledge” regions since the mid-1990s. The San Francisco Bay Area and Minneapolis have both suffered especially dramatic reversals from net in-migration of educated people to a strong out-migration over the past 15 years.

Continued here.