Tuesday, May 19, 2015

GUEST BLOG POST: Economic Transformation Through Creativity —Professor Richard Florida


Editor’s Note: Richard Florida is best known for his best-selling books The Rise of the Creative Class, Cities and the Creative Class, and The Flight of the Creative Class. More recently he wrote The Great Reset.
However in this The Economist conference he presents on the vitality of creativity as the true generator of wealth.
Richard Florida is an American urban studies theorist. Florida's focus is on social and economic theory. He is currently a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto. Prof. Florida received a PhD from Columbia University in 1986. Prior to joining George Mason University's School of Public Policy, where he spent two years, he taught at Carnegie Mellon University's Heinz College in Pittsburgh from 1987 to 2005. He was named a Senior Editor at The Atlantic in March 2011 after serving as a correspondent for TheAtlantic.com for a year.  Florida's theories are the source of both praise and controversy. Florida's ideas have been criticized from a variety of political perspectives and by both academics and journalists. His theories have been criticized as being elitist, and his data have been questioned. Researchers have also criticized Florida's work for its methodology.





“For the first time in history we are no longer critically dependent on physical resources or physical labor, large factories and simple technology to generate wealth. Those things are all important but they can be done more cheaply in the emerging economies.” —Professor Florida


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