Enrico Moretti

Author, The New Geography of Jobs

Explaining "The Great Divergence" between regions that fail and flourish.

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Biography

Enrico Moretti is the author of The New Geography of Jobs, an arresting look at the drastic changes in employment and opportunity in America. It's a presentation of what Enrico calls "The Great Divergence": an ever-widening split between regions that flourish and regions that fail. This split has always existed. But it's bigger now than it's been in a century.

"The New Geography of Jobs ... is easily the most important read of 2012".
Forbes

As American manufacturing jobs shifted overseas, innovation and creativity became the drivers of American prosperity. But education and innovation cluster together more than any other industry. The handful of cities with the "right" industries, well-educated grads, and skilled workers attract more of the same; cities with the "wrong" industries and limited human capital are stuck with dead-end jobs and low average wages. Life gets better and better — or keeps on getting worse. This split shows up in life expectancy, divorce rates, crime rates, and political clout of communities. The New Geography of Jobs explains the forces that shape this trend and looks at how The Great Divergence will shape America's long-term prosperity.

Enrico Moretti is a professor of Economics at the University of California, Berkeley, and the M. Peevey and D. Vial Career Development Chair in Labor Economics. He serves as the Director of the Infrastructure and Urbanization Program at the International Growth Centre, London School of Economics. He was the first winner of the IZA Young Labor Economist Award, and received the Carlo Alberto Medal for his outstanding research contributions to the field of Economics.

Books

The New Geography of Jobs

Who Wins, Who Loses in the New Innovation Economy

Enrico Moretti

From a rising young economist, an examination of innovation and success, and where to find them in America.

An unprecedented redistribution of jobs, population, and wealth is under way in America, and it is likely to accelerate in the years to come. America’s new economic map shows growing differences, not just between people but especially between communities. In this important and persuasive book, U.C. Berkeley economist Enrico Moretti provides a fresh perspective on the tectonic shifts that are reshaping America’s labor market — from globalization and income inequality to immigration and technological progress — and how these shifts are affecting our communities. Drawing on a wealth of stimulating new studies, Moretti uncovers what smart policies may be appropriate to address the social challenges that are arising.

We’re used to thinking of the United States in dichotomous terms: red versus blue, black versus white, haves versus have-nots. But today there are three Americas. At one extreme are the brain hubs — cities like San Francisco, Boston, Austin, and Durham — with a well-educated labor force and a strong innovation sector. Their workers are among the most productive, creative, and best paid on the planet. At the other extreme are cities once dominated by traditional manufacturing, which are declining rapidly, losing jobs and residents. In the middle are a number of cities that could go either way. For the past thirty years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important recent developments in the United States and is causing growing geographic disparities is all other aspects of our lives, from health and longevity to family stability and political engagement.

But the winners and losers aren’t necessarily who you’d expect. Moretti’s groundbreaking research shows that you don’t have to be a scientist or an engineer to thrive in one of these brain hubs. Among the beneficiaries are the workers who support the "idea-creators" — the carpenters, hair stylists, personal trainers, lawyers, doctors, teachers and the like. In fact, Moretti has shown that for every new innovation job in a city, five additional non-innovation jobs are created, and those workers earn higher salaries than their counterparts in other cities.

It wasn’t supposed to be this way. As the global economy shifted from manufacturing to innovation, geography was supposed to matter less. But the pundits were wrong. A new map is being drawn — the inevitable result of deep-seated but rarely discussed economic forces. These trends are reshaping the very fabric of our society. Dealing with this split — supporting growth in the hubs while arresting the decline elsewhere — will be the challenge of the century, and The New Geography of Jobs lights the way.

Houghton Mifflin Harcourt (May 22, 2012)

Reviews

Book ReviewForbes

Topics

Enrico tailors each presentation to the needs of his audience and is not limited to the topics we have listed below. These are subjects that have proven valuable to customers in the past and are meant only to suggest his range and interests. Please ask us about any subject that interests you; we are sure that we can accommodate you.

The New Geography of Jobs

Feedback

An event for a college's new economic research center:
We were thrilled with the event. Professor Moretti was great — concise and provocative without being prescriptive. And he was also great working with the
[ . . . ] and a group of students. We had several people say the event was the best they had ever attended at the college.