The startup scene today, and by ‘scene’ I’m sweeping a fairly catholic brush over a large swath of people – observers, critics, investors, entrepreneurs, ‘want’repreneurs, academics, techies, and the like – seems to be riven into two camps.
On one side stand those who believe that entrepreneurs have stopped chasing and solving Big Problems – capital B, capital P: clean energy, poverty, famine, climate change, you name it. I needn’t replay their song here; they’ve argued their cases far more eloquently elsewhere. read more »
Let me stipulate that I think Toronto’s Rob Ford is a terrible mayor. In fact, while I might not go so far as Richard Florida, who labeled Ford “the worst mayor in the modern history of cities, an avatar for all that is small-bore and destructive of the urban fabric, and the most anti-urban mayor ever to preside over a big city,” I’m willing to say he’s probably in the running for the title.
The roots of Rob Ford lie in “amalgamation,” the forcible merging of the city of Toronto government with various of its suburbs by the Ontario provincial government. The idea was cost savings, but of course costs went up. read more »
Our tepid economic recovery has been profoundly undemocratic in nature. Between the “too big to fail” banks and Ben Bernanke’s policy of dropping free money from helicopters on the investor class, there have been two recoveries, one for the rich, and another less rewarding one for the middle class.
Viewed in this light, the recent run-up in home prices, the biggest in seven years, offers some relief from this dreary picture. Home equity accounts for almost two-thirds of a “typical” family’s wealth (those in the middle fifth of U.S. wealth distribution); there is no other investment by which middle-class families can so easily grow their nest eggs. read more »
After being elected New York City’s mayor in 2002, Michael Bloomberg quickly expanded on the city’s progress during the 1990s. He combined predecessor Rudolph Giuliani’s reforms in welfare and policing with his own. He rezoned land for needed housing, reduced public school inefficiencies, and advanced major transportation projects like the 7-train extension and rapid buses. Along with these, he pioneered changes in the urban fabric—from the High Line Park to an automobile-free Times Square—that may have seemed insubstantial to outsiders, but were appreciated by New Yorkers. read more »
by Anonymous 06/07/2013
Where I live is where most Californians live: in a tract house on a block of more tract houses in a neighborhood hardly distinguishable from the next, and all of these houses extending as far as the street grid allows.
My exact place on the grid is at the southeast corner of Los Angeles County, between the Los Angeles and San Gabriel rivers. But my place could be almost anywhere in the suburbs of Los Angeles and Orange counties. read more »
Suburbs are often unfairly maligned as lacking the qualities that make cities great. But one place that criticism can be fair is in the area of sacred space. There most certainly is sacred space in the suburbs, but usually less of it than in the city both quantitatively and qualitatively. In fact, the comparative lack of sacred space is one of the distinguishing characteristics of the suburb that makes it “sub” urban, that is, in a sense lesser than the city.
Lewis Mumford put it this way: read more »
The United States labor market has been undergoing a substantial shift toward small-scale entrepreneurship. The number of proprietors – owners of businesses who are not wage and salary employees, has skyrocketed, especially in the last decade. Proprietors are self employed business owners who use Internal Revenue Service Schedule C to file their federal income tax. Wage and salary workers are all employees of any establishment (private or government), from executives to non-supervisory workers. read more »
In the seventeen years since my last visit, Florida's Pinellas County hasn't much changed. It's still a low-grade carpet of commercial junk space from coast to coast, and the edges - where the value really lies - aren't very different than they were in the 1990s. There's more, but not better. A county that has consistently avoided growth regulation, Pinellas could have been a model for cooperative public/private real estate development, unimpeded by pesky government regulations. Instead, it is a living example of the atrocious results when leaders focus on quantity, not quality. read more »
This is the introduction to "Retrofitting the Dream: Housing in the 21st Century," a new report by Joel Kotkin. To read the entire report, download the .pdf attachment below.
In recent years a powerful current of academic, business, and political opinion has suggested the demise of the classic American dream of home ownership. The basis for this conclusion rests upon a series of demographic, economic and environmental assumptions that, it is widely suggested, make the single-family house and homeownership increasingly irrelevant for most Americans. read more »
Ever since the housing bubble burst in 2007, retro-urbanists, such as Richard Florida, have taken aim at homeownership itself, and its "long-privileged place" at the center of the U.S. economy. If anything, he suggested, the government would be better off encouraging "renting, not buying." read more »
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