Economic crises present opportunities for social and economic resets. Author and economic development expert Richard Florida gives his view of what’s ahead in his new book, The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity.
Richard Florida is urging Americans to be…less rooted. Florida points to studies indicating that in areas of high home ownership — translation: low geographic mobility — there is “less economic productivity, higher rates of unemployment and…lower levels of well-being.”
In The Great Reset, a new book by bestselling author, professor and economic expert Richard Florida shows how the recovery will transform our jobs, housing, transportation, and even the American Dream. We will rent homes instead of owning them. We will have new forms of transportation and infrasctructure to speed the movement of people and ideas. We will live in more densely populated megaregions instead of what we now call cities and suburbs. The hard road to prosperity will bring new innovations that will change our lives for the better.
Even though many economists are proclaiming the “Great Recession” ending or over, the nearly 10 percent of Americans who are unemployed probably find it difficult to imagine exactly what a prosperous, post-recession America will look like. Richard Florida, author of “The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity,” says that’s because the crash has fundamentally altered how we feel about spending and saving. He says we’re all in the process of resetting the way we work and live.
Urban thinker Richard Florida agrees that owning a home is not always better than renting. In his new book The Great Reset, Florida quotes an economist who believes “America needs to get over its house passion.” Florida talks to Steve Inskeep about new ways to live and work post-recession.
Richard Florida, best-selling author and director of the Martin Prosperity Institute at the University of Toronto, describes how today’s economic crisis will drive innovation that will change the way we live and work.
Robert Morris interviews Richard Florida on his new book The Great Reset and how new ways of living and working will drive post-crash prosperity.
In the post-bust era, Florida envisions more and more Americans opting not to take on car and mortgage payments, choosing the flexibility of renting and the less stressful commutes of mass transit to free up funds for more culture, more experiences, less living space but more ways to express themselves. In other words, America might be ready to take on more of the qualities of another country entirely: New York City.
Richard Florida’s upcoming book, The Great Reset, examines how the economic crash will reshape the way we work and live. We spoke with Florida about what makes a neighborhood great, why small communities need more political power, and the transformation of American suburbs.
Richard Florida, bestselling author of Who’s Your City? and The Rise of the Creative Class, returns with a much-needed and original vision as we emerge from the economic downturn, illuminating the incredible opportunity our times present for rethinking our future.
