Wednesday, May 09, 2007

West Virginia Succeeds In Keeping Encoaching Economic Activity At Bay

Markets make judgments on local policy and governance all the time and often delight us with amusingly stark evidence of their judgments. Thus the curious disparity where it costs far more to hire a moving van to leave, say, Michigan, than it does to hire a van to move to Michigan. There is also the curious emergence of places like Singapore and Hong Kong when all around them has historically been economically barren. Today's delightful juxtaposition comes from Division of Labor. I give you the Kentucky/West Virginia border.

(HT: Andy Roth)

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