What a Year. What Now? Part II
Pittsburgh Quarterly asked the region’s top experts to respond to these questions: As the U.S. economy gradually recovers from the pandemic, which sectors of the market do you like now? How are you positioning client portfolios? We thank them for giving readers their responses, which follow. Read part one here. Jim Wilding, Confluence Financial Partners …
‘I Am What You Make Me’
The American flag has flown on the moon proclaiming the nation that dared to walk on its surface. It was cheered in European cities and towns liberated from Nazi occupation by American soldiers during World War II. And it has been burned in protests against U.S. policy at home and abroad. It’s draped on the …
The Summer 2021 issue:
Looking at the Block Family’s Record on Race
Book reviews traditionally talk about what’s in a book, but almost never about how a particular book came to be. This one has an interesting and unusual beginning. Nearly three years ago, following a controversy over an editorial called “Reason as Racism,” Allan Block, the chair of Block Communications, Inc., the parent company today of …
June 15, 2017
I imagine you feeling the heat on your shoulder as you leave your apartment. Maybe you touch the spot where the sun warms you: two inches above and to the left of your clavicle. My neighbors planted their tulips in March—I don’t know why I didn’t tell you—and this week the buds opened wide, became …
Making Monopoly Illegal
When people who don’t like free markets (i.e., almost everybody in academia) talk about antitrust law, they almost always begin by saying something like this: “One of the core defects of market economies is the inevitability of monopolistic practices.” Previously in this series: “The Tricks of the Trade: Antitrust Is More Interesting Than You Think, …
Pandemic Population Shifts, Favoring Affordable Places
Stephan Whitaker listened as speculation that COVID-19 might kindle a profound exodus from urban America intensified as the pandemic dragged on. After all, tens of millions of people were forced to work remotely, leaving them less tethered to the workplace than ever before and freer to move. Whitaker, a policy economist at the Federal Reserve …
As Unemployment Falls, Local Labor Force Stalls
Unemployment in southwestern Pennsylvania ticked down in April, but the region’s labor force failed to grow much beyond where it was a year earlier, when it had shrunk during the height of pandemic-related business closures and restrictions. Unemployment in the seven-county Pittsburgh Metropolitan Statistical Area dipped from 7.6 percent in March 2021 to 7.4 percent …
The Lost Hole of Oakmont
Founded in 1903, Oakmont Country Club is hallowed ground in American golf. In 1987, it became the first course to earn federal recognition as a National Historic Landmark. In August, it hosts its sixth U.S. Amateur and, in June 2025, its 10th U.S. Open. Aside from Augusta National, site of the Masters each year, Oakmont has …
The Tricks of the Trade
The plaintiff’s law firm wanted to impress their client with how important the case was to them, and so there were never fewer than five lawyers at the plaintiff’s table. Plus, of course, the plaintiff himself. Previously in this series: “Fighting the ‘Big’ New York Law Firm: Antitrust Is More Interesting Than You Think, Part …
What a Year. What Now? Part I
Pittsburgh Quarterly asked the region’s top experts to respond to these questions: As the U.S. economy gradually recovers from the pandemic, which sectors of the market do you like now? How are you positioning client portfolios? We thank them for giving readers their responses, which follow. Win Smathers, Shorebridge Wealth Management We manage diversified portfolios …
On a Pedestal, Spring 2021
Raising a racquet and more Armed with six years of success helping African American students prepare for the future through the game of squash, Steel City Squash (SCS) is preparing to build a new facility in the Larimer neighborhood that will dramatically transform its offerings. Built on a successful model, the athletic and academic program …
Pusadee’s Garden of Delights
Pusadee’s Garden closed even before the virus shuttered restaurants across the globe, and like a butterfly leaving its cocoon, it has emerged from hibernation with a resplendent new look. It took close to four years for the transformation, but the popular Lawrenceville Thai restaurant that once boasted a pretty garden and a small indoor space …
Seasonal Hiring Boosts Local Jobs
Seasonal jobs returned to the Pittsburgh region in April, but a snap back to a pre-pandemic economy remains elusive, according the most recent data from the U.S. Bureau of Labor Statistics. The seven-county Pittsburgh Metropolitan Statistical Area gained 15,200 jobs from March to April 2021 — a 1.4 percent gain, according to the BLS. “It’s …
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