Two especially surprising findings from the study are: (a) that the Latino rate of entrepreneurship increased from 0.38 percent in 1996 to 0.48 percent in 2004, which was higher than the white, non-Latino rate of 0.39 percent; and (b) that immigrants have substantially higher rates of entrepreneurship than native-born individuals. The average rate of entrepreneurship for immigrants was 0.46 percent compared to 0.35 percent for the native-born.
New entrepreneurship activity is highest in the West. Other regions have similar rates of entrepreneurship.
Monthly Archives: September 2005
Destruction of Domestic Gas & Oil Production
The Eye Between the Storms
by Michael Vickerman, RENEW Wisconsin
Petroleum and Natural Gas Watch, Vol. 4, Number 1
September 21, 2005
On its way toward the Gulf Coast states of Louisiana and Mississippi, Hurricane Katrina cut a swath through a hydrocarbon-rich zone of the Gulf of Mexico, the largest domestic source of petroleum and natural gas. When fully operational, this offshore oil and natural gas complex accounts for about 30% of domestic oil supplies and 20% of domestic natural gas supplies.
Fueled by exceptionally warm waters, this Category 4 storm KO’ed nearly 50 production platforms and four drilling rigs. Extensive damage was reported at 20 platforms and nine drillings rigs. The force of the winds and the waves tore six rigs loose from their moorings and sent them adrift; one rig in Plaquemines Parish was found beached on Alabama’s Dauphin Island. At the storm’s peak, on August 29, more than 90% of the Gulf’s oil extraction capacity and nearly 90% of its natural gas extraction capacity was off-line.
Our Tax Dollars At Work for Hollywood: Anti-Copying Attaches
Commerce is making ready a team of intellectual property (IP) specialists to deploy to nations giving us fits on piracy. Sort of a WTO-enforcing SWAT team.
The lead experience here is China, and that is all fine and good. This is where our “conflict” with China should really be centered: in economics and in rules.
Other countries targeted are all either New Core (Russia, India, Brazil) like China, or key Seam States (Thailand) or places where we’re making a special trade effort to shrink the Gap (Big Bang-land Middle East).
Good move, I say. One the White House can point to in upcoming trade pact battled with Congress, which, in its infinite wisdom, is moving more and more toward protections as a catch-all answer for America’s economic woes. Bad, stupid, ahistorical choice, but there it is.
Regulation Destroys Competition
At the August 5, 2005 meeting of the FCC, following the Supreme Court’s decision that cable modem connectivity is an information service, the FCC leveled (lowered) the playing field by declaring that DSL, too, is an information service. These decisions remove the common carrier obligation of the line owner to share — non-carrier ISPs like Earthlink are left to twist slowly in the wind. The industry is, for all intents, re-verticalized.
The central idea of the Telecom Act of 1996 — that competition would replace regulation — is all but dead. Regulation has systematically fought competition since 1996. Regulation has won.
More worth reading on blocking useful network apps here.
Pew Internet: Technology & Media Use
The report argues that, while broadband adoption has grown quickly in recent years, there are reasons to believe that it is slowing. The report develops a model of broadband adoption that hypothesizes that the intensity of online use is the critical variable in understanding the home high-speed adoption decision and the trajectory of the adoption curve. Using national survey data from 2002 and 2005, the paper shows that the role of online experience in explaining intensity of internet use has vanished over this time frame; the explanatory effect of having a broadband connection has grown. This suggests that relative to 2002 there is not much pent-up demand for high-speed internet use at home.
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Jennifer Alexander on the Madison Common Council’s Updated Lobbying Ordinance
The Greater Madison Chamber of Commerce and its partners were successful last night in gaining the council’s approval of a fair and workable lobbying ordinance. With a vote of 15-4, a new lobbying ordinance was passed into law by the Madison Common Council. After months of hard work on this issue, the ordinance that passed was supported and endorsed by the GMCC and will have minimal impact on the business community’s access to local government. Thanks to all of our partners that worked so hard over the past months: Downtown Madison, Inc., the Small Business Advisory Council, Smart Growth Madison, and the Realtors Association.
Sun could power New Orleans
Sun Rising Over New Orleans
John F. Wasik
September 20, 2005
As hundreds of thousands of souls return to the birthplace of jazz, one of the most critical questions facing the Big Easy is how to rebuild the estimated 200,000 homes that were damaged by Hurricane Katrina.
Let’s take some of the estimated $100 billion or more it will take to fix the city and create the nation’s largest, most sustainable solar city.
Google Free WiFi: Doing Evil?
This is big and potentially scary news, for a couple of reasons. The first is fairly obvious: If the reports of Google’s purchasing of “dark fiber” — unused bandwidth and network infrastructure — are true, the firm could conceivably roll out a “last-mile” Internet delivery service. Maintaining and operating all that infrastructure (along with servicing all those WiFi hubs) would be very expensive. But the idea makes more sense if you assume that the company will deploy its real capital once the new WiMax standard, which broadcasts wireless Internet over a much wider area than WiFi, rolls around. Coupling this with an upgraded version of Google Talk could conceivably make the tech startup a force in telecom
Google WiFi traffic is subject to their privacy policy, which everyone should be fully aware of.
Lutz on the Future of the Car
Bob Lutz on diesels, hybrids and fuel cells:
The addition of a second hybrid mode to the drive system improves efficiency, and reduces the need for large electric motors found in typical single-mode systems available today. And we’re putting it on our largest vehicles first, where it will have the greatest effect on fuel consumption.
However, the two-mode system will be scalable, meaning it’s suitable for use in a variety of front-drive, rear-drive and all-wheel-drive vehicles.
In the long-term, GM sees the hydrogen fuel cell as an opportunity to transform our entire industry. Our progress in fuel cell research has been seen before, especially in our show cars the GM AUTOnomy, Hy-wire and Sequel. These vehicles clearly demonstrated that fuel-cell-powered cars can become a reality.
Knutsen Raises the Local Media Coverage Bar – Quite a Bit!
Kristian Knutsen Live Blogs tonight’s Madison City Council Meeting on Isthmus’ The Daily Page:
Tonight’s Madison City Council meeting is likely biggest of the season, as they will take up several items regarding the tavern smoking ban that was enacted on July 1. Since that time, various tavern owners and their political and media allies have inveighed against that ordinance, making it into the hottest and most divisive issue in the city at least since the casino referendum last year. In fact, the amount of interest this has generated probably surpasses that, generating more media heat and public interest in any city policy in years. In addition, the city’s lobbying regs are on the table as well, an issue that has also been a subject of considerable discussion.
An amazing example of sausage making at its finest.