What Are the Economics of the Creative Economy?
(68 minutes) https://www.youtube.com/watch?v=Ow5yjb-r0Dk
Why Creativity is the New Economy – Richard Florida (29 minutes)
Dr Richard Florida, one of the world’s leading experts on economic competitiveness, demographic trends and cultural and technological innovation shows how developing the full human and creative capabilities of each individual, combined with institutional supports such as commercial innovation and new industry, will put us back on the path to economic and social prosperity.
Step 2 (Assigned Nov 12) – What are the economics of the region you are studying. What is the current economic reality? For whom (top 1%, 50% percentile, bottom 25%?). Pull some descriptive statistics from http://zipatlas.com/ to describe the current situation (average/median income, # of inhabitants, surface area, etc). Speculate on how the city/region/zip code you are studying will be in 2054 (e.g., population up/down?, income up/down?, etc).