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Florida provides us a simple introduction to aspects of the current finaicial crisis in "The Great Reset." Nonetheless, this book is thought provoking and provides a framework from which one can view this situation in context. Essentially, Florida posits that the economy has been through "resets" before and this is another natural, structural occurance which we will survive.
The good news is that Florida provides insights into what we must do to benefit most from the current "reset." The bad news is that the reader is introduced only to generalities related to the remedial action which will benefit individuals and communities. This comment should not keep one from taking time for this book. Thoughtful individuals (experts and non) can fill in the blanks with their own thinking and further reading.
The reading is great, the thoughtful presentation of research is informative, and Eric Conger does a great job with the naration. Enjoy
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In Florida's new book, The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity, places like Phoenix represent much of what has gone wrong with the American economy and social arrangements over the past 40 years. Florida argues that we need to move away from the model of low-density, car based, and spread out suburbs that Phoenix embodies. This model, according to Florida, is both unsustainable (for environmental and economic reasons), and undesirable to the emerging "creative class" of workers.
The great recession has refocused people's priorities away from owning the ever-larger home and the ever-bigger SUV towards a desire for economic agility and embeddedness in thick social/economic networks. This agility and embeddedness is best achieved in walkable cities and close-in (first ring) suburbs, ones served by mass transit and characterized by high proportions of educated knowledge workers. People want to rent rather than own, take high-speed rail and zip cars as opposed to garaging the big SUV, and be free to spend their energy on resources on human capital enhancing actives such as education, creative work, and the arts.
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