I would suggest parts of New York are more closely linked to parts of London than they are to Arkansaw.
Is there any doubt?
You're right about the idea of the "US economy" being nonsensical. I usually use the national terms for simplicity of comparison, but I guess it's no less ridiculous than the idea of a "model". Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
Apologies -- as you were... Maybe we can eventually make language a complete impediment to understanding. -Hobbes
Well that's not quite true, because the linkage between NYC and Arkansas includes federal tax rates, the regulatory environment, and free travel of labor and enterprize between the two. The linkage between NYC and London is the big city culture, which applies as well to Singapore and several dozen other large cities.
I disagree. I think what Colman is picking up on is the financial ties. New York and London have been, arguably, the world's two financial centers for nearly a century, and there is a great deal of interdependency between the two. (Interdependency is what we're really talking about, when we discuss economic ties. New Yorkers have money in London, and vice-versa.) The connections you're drawing are political (governmental) ones rather than economic ones. There's much more to the London-NYC connection than simply big-city culture.
Even setting aside the fact that NYC is a big city, and that the largest city in Arkansas is only a small fraction of NYC's size in terms of population, NYC and Arkansas have very little in common, other than falling under the "USA" label. The Arkansas economy is ruled by agriculture, manufacturing, and maybe a few high-tech jobs (probably connected with the university towns). New York is a well-developed global center of economic activity. (Try owning a farm in New York in this housing market.)
I'm sure there are exceptions. There are probably a few very large Arkansas-based companies with offices in New York. But it still doesn't compare with London. Remember that you also have major ports in the Northeast, too, which connect the area with Europe. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
THE TRAIL BLAZERS Daily Kos MyDD Billmon Moon of Alabama
THE EDITORIAL TEAM Front Page Editors afew Colman DoDo Fran In Wales Izzy Jerome a Paris Nanne Nomad the stormy present whataboutbob Community and Site Editors ARGeezer ceebs dvx linca marco Melanchthon Sassafras someone Alumni BooMan poemless Sirocco Soj SusanHu Migeru Honorary frontpager DeAnander
OUR COUSINS FROM AMERICA Juan Cole Daniel Drezner Political Animal
EUROPEANS A Fistful of Euros Publius l'Européen (FR) Europhobia Social Europe Versac (FR) Betapolitique (FR)
EUROTRIB USER BLOGS OR RECOMMENDATIONS My Left Wing The Next Hurrah Bits of News
Inside the USA (FR) Sale Bete (FR) No Right Turn Blood & Treasure
ENERGY Energize America The Oil Drum Energy Bulletin US Energy Information Agency
ECON Financial Sense Roubini Global Brad de Long SOURCES BBC Guardian Financial Times Deutsche Welle (DE-EN) Der Spiegel (DE) Der Spiegel (EN) Le Monde (FR) Libération (FR) Radio Netherlands Helsingin Sanomat Rádió © Cyprus Mail Examiner (Ireland) Irish Times Moscow Times Who links here Wholinkstome.com
Recent Comments Recent EuroTrib Comments