Archive: May 2013

  1. Drones, Bikes, and Rockets

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    Image from NASA Goddard Space Flight Center: http://www.flickr.com/photos/24662369@N07/8670335848/

    Image from NASA Goddard Space Flight Center: http://www.flickr.com/photos/24662369@N07/8670335848/

    While the whiff of Memorial Day barbecues marks the unofficial start of summer, there seems to be something more in the air. As we celebrate the annual ritual of kids finishing school, rising temperatures, and action movies hitting theaters, the nation is watching in anticipation as the stock market rises, home prices creep upward, and steady job growth continues. Tesla is turning a profit and even California is out of the red and into the black – just how big is that budget surplus? A bona fide recovery has arrived and the country is ready to grow in new and different ways. (more…)

  2. Aerospace Re-Emerging in Southern California

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    The end of the Cold War and the subsequent cuts in government defense spending brought Southern California’s once thriving aerospace industry to the brink of collapse. Between 1990 and 2000 the region’s aerospace industry lost over half of its workforce [PDF]. Already immersed in a recession, the loss of thousands of high paying, middle-class jobs plunged Southern California into a deep economic malaise from which it was a long, slow recovery.

    Although many of these jobs were lost decades ago, aerospace remains an important driver of the region’s economy. (more…)

  3. Measuring Prosperity

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    Gross Domestic Product (GDP) is pretty much the standard tool for measuring a nation’s economic health. But we’ve known for a while now that GDP is an imperfect measure of economic activity, and it’s a horrible tool for measuring overall social welfare. (more…)

  4. And the Winners Are. . .

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    Last month, voting wrapped up on the My LA2050 Challenge. Spearheaded by the Goldhirsh Foundation, the challenge asked residents and organizations to submit inspirational, groundbreaking, and catalytic ideas that were put head-to-head for a chance at ten $100,000 grants. (more…)

  5. Austin Polytechnic Student Wins Machinists Competition

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    Located on Chicago’s West Side, the Austin Polytechnical Academy is a college and career prep high school with a focus on manufacturing and engineering. Founded by the Chicago Manufacturing Renaissance Council, Austin Polytechnic students learn about all aspects of advanced manufacturing, from skilled production and engineering to management and company ownership. Recently, the Academy’s best and brightest competed in the Skills USA Illinois Statewide competition. Kenny Plymouth, a junior at Austin Polytechnic, won first place in the Computer Numerical Control (or CNC) Turning Competition. Kenny goes on to the National SkillsUSA competition in June. Good luck Kenny!