In the Internet age, we’ve been empowered to work remotely. So it’s more than a little ironic that this is an economic moment when location matters more than ever. To understand part of the attraction of Sanders and Trump and the wildly differing views on how the American economy is doing, you’ve got to follow the money. That means going to a handful of highly educated and innovative counties where a preponderance of venture-backed new businesses are concentrated. WaPo’s Jim Tankersley on a very bad sign for all but America’s biggest cities.

+ Eli Saslow: From belief to outrage: The decline of the middle class reaches the next American town.

+ While concentration of investment and wealth can be beneficial for the chosen counties, it can also force many longtime residents to find another place to live. From CityLab: Mapping the incredible spread of million-dollar homes across San Francisco.

+ Vox uses a cartoon chart to explain how the distribution of wealth has changed in America, and why.