Barry Bluestone talks to PBS Newshour about how increasing inequality is directly linked to higher unemployment, a theory that he and a past colleague began promoting in the late 80′s.
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…But Northeastern University economist Barry Bluestone, who worked his way through college on a Ford assembly line and whose father was a United Auto Workers vice president, pointed out that many workers today are not in unions. Headlines about a wildcat bus driver strike or substantial pay increases can undercut public support for labor.
Barry Bluestone, Director, Kitty and Michael Dukakis Center for Urban and Regional Policy, keynoted the MetroWest495 Biz Economic Forum in Framingham, MA on September 11. His address was covered in the Worcester Business Journal. Click here or see below to read the article. September 11, 2013 | Rick Saia | WBJournal.com Cities and towns in Massachusetts control […]
State’s $1b initiative said to yield economic strength
By Robert Weisman | GLOBE STAFF MARCH 26, 2013
Halfway through a decade of investment promised by Governor Deval Patrick’s 10-year, $1 billion life-sciences initiative, launched in 2008, the state has spent only about a third of the money targeted to promote the biotechnology and medical device industries in Massachusetts.
But the authors of a report set to be released Tuesday by the Boston Foundation, a philanthropic group, say the effort has helped stimulate a key sector of the state’s economy, creating more than 8,000 jobs through capital grants, tax incentives, and business loans. Read More
By Cole Chapman | Daily News Correspondent | GateHouse News Service
BOSTON – Gov. Deval Patrick’s $1 billion investment plan for life science industries has added 2,537 jobs in its first five years, offering new opportunities for job growth in MetroWest and other regions around the state, a report released Tuesday says.
“Our research suggests that the state will benefit from fully funding the remaining five years of the initiative in order to maintain the lead the life sciences established in the commonwealth,” said Barry Bluestone, director of Northeastern University’s Kitty and Michael Dukakis Center and author of the report.
Bluestone told a gathering of scientists, academics and industry officials at the Boston Foundation offices that the state is “the world leader in life sciences.”
“The life sciences are kind of like the auto industry in 1910. This is the place to invest,” he said. Read More