The author of The Rise of the Creative Class has been cited -- by such diverse figures as David Cameron and Bono -- as an expert on how cities must evolve. "It's a really important time to be here and talking about the future of London," the University of Toronto professor begins, recognising Amanda Burden, the director of the New York City Department of City Planning, in the front row. "We all know that the world has gone through a cataclysmic crisis. It was not just a crisis of the financial markets or of housing markets or of a dysfunctional or even corrupt system of doing finance. It was a systemic crisis."
Yet, Florida argues, there are reasons for hope. "These periods of crises and recovery are periods of the most rapid innovation in capitalism," he says.
By: Matt Cowan, Edited by: Kadhim Shubber
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via Wired.co.uk
http://www.wired.co.uk/magazine/archive/2013/04/londons-moment/the-crash-boosted-innovation
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