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Richard Florida

Results 1-10 of 38

Why So Many Foreign Fighters Flock to ISIS

August 10, 2016 Major ISIS-inspired terror attacks this summer have sent shock waves throughout the world. Europe has been hit especially hard with recent attacks, stoking fears that the continent may be especially vulnerable to foreign-trained ISIS fighters. A recent NBER study by the economists Efraim Benmelech of Northwestern University and Esteban Klor...

The Limits of Chicago's Back-to-the-City Movement

July 5, 2016 The back-to-the-city movement continues to be a hot-button issue among urbanists. On one side, some applaud it as source of talent, jobs, and revenue. On the other, critics deplore the unaffordable housing prices, gentrification, and displacement that has come along with it. That said, one thing has become increasingly clear:...

Which U.S. Cities Suffer the Most During a Recession?

June 10, 2016 In times of recession, some cities are hit much harder than others. A new study published in the Journal of Urban Economics takes a close look at the uneven effects of the past several business cycles, including the Great Recession, on America’s metros. To do so, it tracks monthly economic...

Geographic Inequality Is Swallowing the Recovery

May 24, 2016 There is much talk about national income inequality, but America continues to suffer from deepening geographic inequality as well. Just 20 large urban counties nationwide—less than one percent of the nation’s 3,000-plus counties—accounted for half of new business establishments, according to a report released today by the Economic Innovation Group....

Where Millennials and the Working Class Can No Longer Afford to Live

April 29, 2016 As the knowledge economy becomes increasingly spiky, concentrated, and urban, some of America’s most expensive cities like New York, Los Angeles, San Francisco, Washington, D.C., and Boston have become even more unaffordable. But the burden of escalating housing costs is not spread evenly,hitting some groups harder than others. As the...

Presidential Report Puts Cities at the Center of US Innovation Policy

March 18, 2016 FROM NEXTGOV arrow I’ve long complained that U.S. cities are not getting the attention they deserve from the federal government, even though they are the nation’s fundamental engines of innovation and economic progress. But that may be starting to change, thanks to a new report from President Obama’s high-level Council of Advisors on...

Toward Inclusive Economic Development

February 29, 2016 U.S. cities and metro regions have long made jobs and financial competitiveness the center of their economic development strategies—usually by recruiting companies, building high-tech clusters, or attracting talent. Now a new report released Monday by the Brookings Metropolitan Policy Program calls for a paradigm shift in economic development thinking, away...

The Rise of Global Startup Cities

January 26, 2016 Once the province of U.S. tech hubs such as California’s Silicon Valley, venture capital has gone global. In a new report from the Martin Prosperity Institute, Rise of the Global Startup City, my colleague Karen King and I use detailed data from Thomson Reuters to track worldwide venture capital investment...

4 Ways Zoning Can Segregate Cities

January 5, 2016 Two things have long been known about land-use regulations. One is that elements of them—in the form of large lot requirements and other aspects of “exclusionary zoning”—have led to racial and economic segregation. The other is that restrictive land use and building codes in cities limit housing construction (and therefore...

Immigrants Are the Key Ingredient in Economically Vibrant Metros

September 22, 2015 Anti-immigrant sentiment and phrases like “we have to build a wall” have at this point become synonymous with Donald Trump’s presidential campaign. Indeed, the idea of building a massive wall along the border between the U.S. and Mexico was just about the only policy idea he mentioned at his Dallas...

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