The governor believes his state can displace New York as a hub for finance.

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Is foreign capital associated with economic growth and, if not, why does it flow "uphill"? Standard economic theory tells us that financial capital should, on net, flow from richer to poorer countries ...

Something interesting happens when people achieve financial security: Money often stops delivering the sense of purpose they expected. Not in a "money doesn’t matter" way, but in a "this isn’t the ...