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Urban theorist Richard Florida says so many people are trapped in homeownership today that it’s harming our economy.

Richard Florida explains why long commutes used to make sense — and why they no longer do

Part 1: Richard Florida talks to Don Peck about how the great American cities rose out of the Industrial Revolution

As Michael Lewis explained to us yesterday, there is no question we’ve just been through the worst economic crises since the great depression. As we begin to recover, we all wonder what will be different? What lessons will we take away? It should be clear by now that enough has changed that we can’t solve everything just by regulating Wall Street. We will each have to find ways to reform ourselves and our values to reflect the changing economy, strained resources and a new emphasis on what constitutes real value. All of this is what bestselling author, public intellectual and economic development expert Richard Florida calls The Great Reset.

Richard Florida, who wrote a widely-quoted book about revitalizing cities by attracting “the creative class,” has penned a new book about changes wrought by this financial crisis – especially in housing. It’s titled “The Great Reset.”

Richard Florida examines how in a broader creative sector, the United States will add 10 million jobs over the next decade. While the U.S. economy will add more than one million computer and engineering jobs, health care and education are expected to generate more than three times as many jobs, according to the Bureau of Labor Statistics.

Richard Florida, author of the new book The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity, argues that periods of economic distress can ultimately lead to significant demographic change — and that to capitalize on the changes to come, we need to develop and embrace the creative abilities of our citizens in order to take advantage of a nimble new economy.

Urbanophile’s look at the work of Richard Florida and The Great Reset.