Here is a story from today's Aberdeen American
News about how Aberdeen sometimes gets in its own way when it comes to economic
development. This is a matter of some scholarly interest to me (in fact I
have just returned from a conference where I delivered a paper on the
subject). The costs of economic progress are there, namely instability,
and apologists for progress often tout the "creative destruction" of
the market, emphasizing all "creative" and none of the
"destructive." That said, I would argue that this is a problem
for much of South Dakota. The state seems so committed to protecting an
evaporating agrarian way of life that we make no plans to bring our economy and
state into the 21st Century.
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