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.’ “
From where I sit, Philadelphia’s future looks very bright. Trust me: I know all about the issues that confront the city. I grew up in New Jersey, went to Rutgers, and spent much of my teens and 20s hanging out in Center City. I’ve seen the dark days and watched the recovery.
When people talk about economic competitiveness, the focus tends to be on nation states. In the 1980s, many were obsessed with the rise of Japan. Today, our gaze has shifted to the phenomenal growth of Brazil, Russia, India and China. But this focus on nations is off the mark.
Richard Florida, author of “The Rise of the Creative Class,” gave an interview recently in which he said great things about Dayton. Florida’s Toronto-based consulting group is working with the region’s creative-class types to imagine, organize and realize initiatives that excite especially young and talented people, but that also make a community a better place for everybody.
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.