SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : My House
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lazarus_Long who wrote (3236)10/29/2002 8:45:22 PM
From: Original Mad Dog  Read Replies (1) of 7689
 
One of the reasons a town's economic base can evaporate is because the town lacks the cultural amenities to draw the sorts of people Solon is talking about. I'll give you one real world example (there are many similar ones):

Gateway was started in a town in South Dakota. It grew and flourished there, for awhile. But eventually, its transformation from upstart PC assembler to major international PC supplier hit a snag.....they couldn't get sufficient management talent to move there, even though the cost of living was low, because it is in the middle of friggin' nowhere and there is "nothing to do there". (Its climate sux too, but so does Chicago's, and Chicago does just fine in attracting businesses).

Eventually Gateway threw in the towel and moved to California. To a city with a baseball team and an opera and a beautiful municipally run and funded beach. <g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News