The Macro in the Micro

Comments Off

Sign of the Times (Credit: Rachael Myrow/KQED)

As a reporter, I was impressed with MissionLoc@l's close study last year of one commercial strip in San Francisco. Then, it was Mission Street. Now, the student journalists from UC Berkeley are aiming their curiosity at Valencia Street.  If you're a fan of Planet Money, you may have caught a recent interview with University of Chicago economist Raghu Rajan in which he argues that national economies (e.g. Japan, Germany) should make more of an effort cultivate domestic consumption instead of relying so heavily, so unsustainably,  on spendthrift nations like, ahem, the US. It's interesting to ask whether local economies should think along the same lines.

In the case of Valencia Street, I wonder how many restaurants the local population can sustain ... even with the generous help we get from tourists.

RSS Subscribe

About Rachael Myrow

From KQED’s Bureau in San Jose, Rachael Myrow covers politics, economics, technology, food and culture in a vast region extending from Burlingame to Edenvale to Fremont. This follows more than seven years waking at 3 am to host the daily version of KQED's California Report, broadcast on NPR affiliates throughout the state during NPR's Morning Edition. She still guest hosts for The California Report and Forum, blogs for Bay Area Bites, and files for NPR and PRI’s The World. Before KQED, she worked for Marketplace and KPCC in Los Angeles. Follow @rachaelmyrow

Comments are closed.