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Talent—defined as the percentage of college graduates in a city’s population—explains almost 60 percent of a city’s success as measured by per capita income.
...Unlike companies, cities don’t have the luxury of hiring and firing their citizens. Instead, they have to work with what they have. And that means turning the city into a talent-producing machine.There’s only one sustainable way to increase talent in most communities, and that is to develop it. It means we’re going to have to do the work all along the education spectrum to make it happen.
Thanks to Aaron Renn at Urbanophile. Image credit: Good Magazine.