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Hilift 3 days ago

Something missing is deindustrialization following WW2. The US northeast (where "Ivy League" schools are located) shifted a huge amount of industry to other parts of the country, where factories had been established during the war. A few years later, the south had more electoral votes than the northeast and midwest. The votes determine leaders, not educational institutions.

Look at the electoral votes from 1956:

NY: 45 PA: 32 TX: 24 FL: 10

Today:

NY: 28 PA: 19 TX: 40 FL: 30

Texas and Florida doubled their influence.

082349872349872 2 days ago | parent | next [-]

Tangentially, I know someone who used to sell textile machinery to new factories in the southern states, which left the old northern factories vacant, which yielded cheap space near Boston in which to expand for a fresh startup called DEC.

gsf_emergency 3 days ago | parent | prev [-]

NYers are also still relocating to FL (& less prominently, to TX), according to VizCap

https://www.visualcapitalist.com/mapped-the-top-5-states-ame...

082349872349872 2 days ago | parent [-]

if it's still true, one reason for high-variance NYers to relocate to FL was that under FL bankruptcy laws, personal homes were exempt — which used to mean that buying something fancy in FL and domiciling there was a way to "lock in" gains for those who suspected their random walks might also hit an absorbing barrier at "zero"...

gsf_emergency a day ago | parent [-]

In the 1960s already, the culture premium for all ranks (not sure about the property insurance) was famously lower in Miyamifla than in Haarlem?

https://en.wikipedia.org/wiki/Midnight_Cowboy

082349872349872 a day ago | parent [-]

Salt meets Bourdieu: <bangs hood> "Hey, I'm classifiyin' here..."

> My father's out of Harvard, my brother's out of Yale / Well, the guy I took home last night just got out of jail —JAB