By Adam Pagnucco. Last night, County Executive Marc Elrich sent out a blast email with the subject line, “Purple Line Could Provide Major Opportunities for Housing and Businesses.” The text…
Economy
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Elrich: Maybe We Don’t Need Developers
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By Adam Pagnucco. Last week, Bethesda Beat reported that County Executive Marc Elrich was seeking a developer to partner with the county on redeveloping White Flint, an area that has…
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By Adam Pagnucco. In Part Three, we learned that rising average wages during the pandemic are likely a sign of growing income inequality as job losses are concentrated in lower…
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By Adam Pagnucco. In Part Two, we identified one reason why average wages have been rising during the COVID recession: job losses have been concentrated in the leisure and hospitality…
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By Adam Pagnucco. In Part One, we recited a central lesson from Economics 101: wages are prices affected by supply and demand for labor. In prior recessions, wages either stagnated…
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By Adam Pagnucco. Every college student taking Economics 101 learns about how supply and demand interact to set market prices. Wages are prices set in labor markets. When growth in…
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Is MoCo an Anti-Restaurant Island?
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By Adam Pagnucco. The Restaurant Association of Maryland (RAM) has gone on the warpath against Montgomery County, claiming that its restrictions against indoor dining have made it “an island all…
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Is Rent Stabilization Dead on Arrival?
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By Adam Pagnucco. After successfully passing a temporary rent stabilization bill in April, Council Member Will Jawando has introduced a permanent rent stabilization bill for many properties within one mile…
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By Adam Pagnucco. The year 2020 was hugely eventful for the entire world and MoCo was no exception. In our county, 2020 saw a public health crisis, a resulting economic…
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Top Seventh State Stories, December 2020
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By Adam Pagnucco. These were the top stories on Seventh State in December ranked by page views. 1. What Happened to White Flint?2. The Day of Reckoning is Near3. Jawando…