Mises Wire

A Midwestern Brain Drain

A Midwestern Brain Drain
Exodus of Its Restless Young Makes Iowa Fear for Future:
Iowa suffers from an alarming brain drain: It loses more of its young, single, well-educated adults than any state except North Dakota. In search of bigger cities, hipper crowds and warmer weather, young Iowans flee in such numbers that demographers predict the state will face a drastic labor shortage within two decades. Desperate to keep the state’s future from bolting, the Republican leadership in the state Senate is proposing trying to entice young adults to stick around by abolishing the state income tax for everyone under 30.
Demographic favoritism? Ageism? Whatever you want to call it, East Germany had a novel approach to this problem: seal them in.
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