Silicon Valley is the computer and microelectronics capital of America. To analysts from different academic disciplines and ideological persuasions, the economy of Silicon Valley has many faces. In the most romantic characterization, the Valley's astonishing success as home base for a myriad of...

Research suggests that conventional wisdom about the 'miraculous' reindustrialization of the regional economy of Massachusetts is much too simplistic. The decline in unemployment was as much the result of low average-labor-force growth as it was of rapid job creation. Also Massachusetts has...