Perhaps the most influential in terms of its impact on modern urban planning is US academic Richard Florida’s Rise of the Creative Class, first published in 2002.
A popular economic development guru believes that a region’s tolerance and diversity, its quality of life and its support for what he describes as the “creative class” pave the way for economic and population growth. According to Richard Florida: “The distinguishing characteristic of the creative class is that its members engage in work whose function is to ‘create meaningful new forms.’ “
According to American sociologist Richard Florida, it was the “creative class” that swung victory for Barack Obama in the recent US Democratic nominations.
For The Realtor.Com Addict Who Dreams Of Living Somewhere Else-If She Could Only Figure Out Where
“The party that can bring together the working class and the creative class is likely to build a lasting majority”
Memphis, TN had a new kind of blues. Despite its rich history and amenities, and strong economic engines such as the FedEx headquarters, the city was losing annual job earnings, mainly because it could not hold on to young, bright talent. The 2000 census showed that Memphis’ population grew by 6,000 since 1995, but its net income had dropped by $90 million.
Nations have long been considered the fundamental economic units of the world, but that distinction no longer holds true. Today, the natural units -and engines- of the global economy are megaregions, cities and suburbs in powerful conurbations, at times spanning national borders, forming vast swaths of trade, transport, innovation and talent.
In an exclusive excerpt, the guru of the Creative Class explains the peaks and valleys of the global economy.