Fate of the States: The New Geography of American Prosperity cover
Fate of the States: The New Geography of American Prosperity
by Meredith Whitney
Description: Fate of the States: The New Geography of American Prosperity examines the shifting economic fortunes of U.S. cities and states, highlighting regional disparities and the potential challenges ahead for municipal finances
ISBN: 159184570X
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loganfrederick · 2013-12-17 · Original thread
I support the vote for Austin. I live in Chicago. After reading "The Fate of the States"[1] by financial analyst Meredith Whitney, I believe Austin is a very viable alternative to Silicon Valley purely for how the state of Texas manages its finances.

I took the relevant information from her book, which is about how debt-burdened states like California are hurting their long-term economic prospects and how states like Texas are currently growing and poised for future growth, and wrote a blog post titled "Is California's Budget Threatening Silicon Valley?"[2]

It didn't get much play on HN, but I think it's full of very important data that should be discussed by the startup community.

[1] http://www.amazon.com/dp/159184570X

[2]http://loganfrederick.com/blog/is-californias-budget-endange...

bluechoochoo · 2013-06-04 · Original thread
Meredith Whitney's book is about exactly this, that U.S. economic gravity is shifting "away from the coasts" for a bit. (It just came out today, so I can't say I've read it, just that I've really been looking forward to it.) For those who aren't from the world of finance: Meredith Whitney was one of the first people on wall street to predict the mortgage crisis. The book: (not an affiliate link) http://www.amazon.com/Fate-States-Geography-American-Prosper...