Now that the Super Bowl has come and gone, Dr. Perryman takes a look at what the big game meant to Houston as well as the state's economy.
With Houston preparing to host the Super Bowl, Dr. Perryman is reminded that he was once asked to select the ten most significant economic events of the last 50 years.
A few years ago, I was asked to name the major events that shaped the Texas we know today. High on the list was the development of Allen's Landing and the Port of Houston during the early days of the Republic and the subsequent efforts at the dawn of the twentieth century to develop a deep-water channel in the area just as the oil industry was emerging. Without this critical infrastructure, Texas could not have become a vital hub of global commerce. I am tempted to say "and the rest is history" – but, in reality, it is also the future.