Reconstructing the Icelandic economy will take more than increased fishing quotas. More than a new aluminium smelter. It will require a new way of thinking. Professor Florida coined the term ‘the creative class’ to identify a socio-economic class of people that he believes will drive economic growth in modern societies through creativity.
Richard Florida is back with a good piece in the New Republic titled Roadmap to a High Speed Recovery. There, Florida opines that America needs to stop subsidizing what he calls the “auto-housing-suburban complex.”
“The Great Reset” is the title of sociologist and economic development guru Richard Florida’s latest opus, a sobering look at how the worst economic downturn since the Great Depression may change how we live, work and travel for decades to come.
As the manufacturing economy ‘resets’ to knowledge and service, firms who unlock their workforce’s creative potential will be the winners, says author Richard Florida.
Florida’s newest book, The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity, looks beyond today and fast-forwards us to tomorrow.
The fiscal and monetary fixes that have helped mature industrial economies like the United States get back on their feet since the Great Depression are not going to make the difference this time. Mortgage interest tax credits and massive highway investments are artifacts of our outmoded industrial age; in fact, our whole housing-auto complex is superannuated.
Richard Florida, author of the new book “The Great Reset” speaks at the 2010 Aspen Ideas Festival about how new ways of living and working can create a post-recession prosperity.
Florida is the author of the bestseller, “The Rise of the Creative Class,” which received the Washington Monthly’s Political Book Award and was cited as a major breakthrough idea by Harvard Business Review. He also wrote, “Who’s Your City?” in which he argues that where we live is becoming increasingly important.
Kai Ryssdal talks to Richard Florida, the author of “The Great Reset.” Florida isn’t so sure the recovery is upon us just yet, but rather a “generational shift” towards a better financial and social system.