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Healthy sprinkling of greed can reap economic growth

In the world of economic development, the grass always seems greener someplace else.

Some people in Milwaukee think Madison is roaring ahead because of its head start in the tech-based economy — but the view from Madison is that Wisconsin’s capital city isn’t growing as fast as Austin, Lincoln, Des Moines or other U.S. techie hubs.

Some say Ohio is the model for stimulating a tech-based economy — still others proclaim Michigan … or Utah … or Maryland. It all depends on what patch of grass you’re standing, it would seem.

No matter where you live, however, everyone points to California’s Silicon Valley as a shining star of economic growth … except for some of the business people who live and work there. They cite the region’s high cost of living, the never-ending musical chair game for talent, state regulations and other factors contributing to a mini-exodus from the Valley.

Tom Still

Full Story: http://www.jsonline.com/business/healthy-sprinkling-of-greed-can-reap-economic-growth-b9934167z1-211683521.html

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