ESI offers its deepest condolences to the family of David Crawford, who passed away on May 27th of this year. Dr. Crawford was President of Econsult Corporation, which he founded in 1979 and out of which Econsult Solutions, Inc. was formed.
Dr. Crawford was an accomplished labor economist, acclaimed teacher of economics and statistics at the University of Pennsylvania, and a friendly colleague, mentor, and inspiration to many of us in ESI. His obituary can be found here.
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ESI Highlights The Center for the Future of Cities all Month Long
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ESI Center for the Future of Cities brings together experts in urban economics, policy, and strategy to craft new evidence-based research on the most important issues facing cities around the world, and to provide consulting services for public and private sector organizations working in urban settings.
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Applications for SEPTA Key Advantage are now open!
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Applications are now open for SEPTA's new institutional pass program, SEPTA Key Advantage! At ESI, we're very pleased to have been working alongside SEPTA in leading the development of the SEPTA Key Advantage program, and are excited to continue working with SEPTA to expand the program to create positive economic, educational, and environmental benefits in the region!
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ESI has Been Named Among The Civic 50 Greater Philadelphia for the Second Year in a Row
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ESI has been recognized by Civic 50 Greater Philadelphia once again, which is hosted by Philadelphia Foundation, as one of the most community-minded employers in the Tri-State area. Civic50PHL honors leaders for their commitment to supporting communities and advancing social causes. See the full list of 2022 Honorees here.
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ESI's Work with Montgomery County: Return on Environment
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ESI assisted Montgomery County, PA in developing a Return on Environment study gauging the value of protected open space in the area. The report demonstrates the economic value of the open space. You can find the normal and audio-narrated presentations here.
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Greater Philadelphia Cell and Gene Therapy Sector: An Updated Workforce Analysis
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ESI conducted an updated Workforce Needs Analysis regarding the Cell and Gene Therapy Sector in Greater Philadelphia for the CEO Council for Growth and the University City Science Center. See the full report here.
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2022 e-RACP to Open in Two Weeks
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The next round of RACP will open in July 25 and close August 19. See here f or more information.
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Philadelphia to be a Host City for the 2026 World Cup
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Philadelphia has been announced as one of the 16 cities to host games for the 2026 World Cup! Hosting such an event can catalyze smarter, more sustainable and equitable planning for cities, as previously postulated by ESI.
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ESI has offered staff a monthly allowance to dine out in Center City Philadelphia during the workday. As a firm, we benefit from the setting in which we are located, the shopping options and public amenities, as well as street life that we can access here. In turn, we benefit the setting by being physically present, for it's our eyes and ears and dollars that help make the city a more vibrant location to live and work.
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Staff and Senior Advisor Updates
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With great enthusiasm we welcome one of our newest team members, Senior Analyst Elizabeth Dobbins!
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With great enthusiasm we welcome one of our newest team members, Analyst Trevor Marimbire!
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Senior Advisor Michael Golden, SVP of SES ESOP Strategies, is a member of The Democracy Collaborative's CWB Taskforce, on-call to help with ESOP-specific financing and conversion strategies, as well as supporting the development of economic empowerment, planning, financing, and institutional design.
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Senior Advisor Stephen Anderson of Marquis Advisory Group is advancing a for step strategy for overcoming recession and inflation, with a focus on Agriculture, Education, Environment, and Entrepreneurship sectors.
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ESI Analyst Michael Sydnor was recently inducted onto the board of an organization called Need in Deed. Need in Deed’s purpose is to transform teaching and learning in Philadelphia’s public school classrooms grades 3-8. Their approach starts with individual educators, invites students to advocate for change, and connects the classroom with the community. The vision that guides them is one of equitable public education that honors every child’s right to a high-quality education, acknowledges every child’s potential, dismantles biased and oppressive systems, prioritizes social-emotional well-being, and puts students at the center of the learning experience.
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Senior Advisor Bernard Anderson has provided the following insight on the U.S. House of Representatives' newly-passed bill adding demographic equity in employment, income, and wealth to the Federal Reserve’s mandate for setting monetary policy.
The bill will not achieve its stated goals. An independent agency should not have authority over fiscal policy. The Federal Reserve only has blunt tools to implement the dual mandate of price stability and maximum employment: (1) adjusting the federal funds rate, and (2) adjusting the money supply, which are only aimed at influencing economic growth rate. Targeted fiscal policy to increase the labor force and assuring equal employment opportunity are more appropriate methods for achieving equity.
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Update from the Center
ESI is thrilled to serve as a content provider and affiliate for Santander Navigator, a virtual network of international companies seeking to identify growth opportunities, navigate bureaucrat challenges, understand new markets, and build connections through collaboration. Through ESI Center for the Future of Cities, our team of thought leaders will provide exclusive content on smart city solutions, innovative technologies, and ground-breaking policies reshaping the urban landscape in America.
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The Canal System and the Development of the Early American Economy
The prosperity and development of the United States that it enjoys today did not come out of thin air. This is especially true in its early days of economic development which has a lot to do with the construction of the transportation system...
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ESI Intern Salvatore Gullotta takes a look at some of Econsult Solutions' favorite places to eat around the city of Philadelphia. While this list has some of our favorite places, it's by no means exhaustive, with so many fantastic eateries all across the City.
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Heading into the holiday weekend to celebrate Independence Day this year, ESI has put together a list of events, educational opportunities, festivities, and fun things to do in Philadelphia to celebrate the holiday! Some are holiday-specific, and some are for fun all summer long!
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by Salvatore Gullotta and Richard Voith
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ESI Intern Salvatore Gullotta and Principal Dr. Richard Voith examine the issue of housing affordability including the drivers of housing supply, demand, and market equilibrium. They discuss filtering, inclusionary zoning, and public investments—three primary ways in which affordable housing is generated—and postulate how the crisis can be addressed moving forward in the U.S.
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ESI Intern Kendra Hills examines "urban heat islands" as cities are facing rising temperatures due to global warming. She explores causes causes, impacts, and puts forth a framework for heat resiliency that could be beneficial for all.
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Located on West Fourth Street, the former YMCA Children's Discovery Workshop is set to be repurposed into 20-30 new apartments. Having been in planning for several years, the development is ready to be underway.
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