The Rise And Fall Of Urban Economies

Today, the Bay Area is home to the most successful knowledge economy in America, while Los Angeles has fallen progressively further behind its neighbor to the north and a number of other American metropolises. Yet, in 1970, experts would have predicted that L.A. would outpace San Francisco in population, income, economic power, and influence. The usual factors used to explain urban growth—luck, immigration, local economic policies, and the pool of skilled labor—do not account for the contrast between the two cities and their fates. So what does? The Rise and Fall of Urban Economies challenges many of the conventional notions about economic development and sheds new light on its workings. The authors argue that it is essential to understand the interactions of three major components—economic specialization, human capital formation, and institutional factors—to determine how well a regional economy will cope with new opportunities and challenges. Drawing on economics, sociology, political science, and geography, they argue that the economic development of metropolitan regions hinges on previously underexplored capacities for organizational change in firms, networks of people, and networks of leaders. By studying San Francisco and Los Angeles in unprecedented levels of depth, this book extracts lessons for the field of economic development studies and urban regions around the world.

How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.

In this revelatory book, Sudhir Venkatesh takes us into Maquis Park, a poor black neighborhood on Chicago's Southside, to explore the desperate and remarkable ways in which a community survives. The result is a dramatic narrative of individuals at work, and a rich portrait of a community. But while excavating the efforts of men and women to generate a basic livelihood for themselves and their families, Off the Books offers a devastating critique of the entrenched poverty that we so often ignore in America, and reveals how the underground economy is an inevitable response to the ghetto's appalling isolation from the rest of the country.

Bringing urban issues into a modern microeconomic framework, this work uses basic economic analysis to explain why cities exist, where they develop, how they grow and how various activities are arranged within them. Census data is incorporated into the text, and used in charts and tables.

Cities and Economies explores the complex and subtle connections between cities and economies. The rise of the merchant city, the development of the industrial city and the creation of the service-dominated urban economy are all explored, along with economic globalization and its effects on cities in both developed and developing economies. This book provides a thorough examination of the role of the city in shaping economic processes and explains the different effects that economies have on cities. It provides an invaluable and unrivaled guide to the relationship between urban structure and economic processes as they compare and contrast across the world. The authors examine the complex relationships between the city and the economy in historical and global contexts, as well as evaluating the role of world cities, the economic impacts of megacities and the role of the state in shaping urban economic policies. They focus on the ways in which cities have led, and at the same time adapted to, economic shifts. Large cities are viewed as the centres of regional and national economies, while a small number are defined by their centrality in the global economy. The book: examines key ideas and concepts on the economic aspects of urban change explores the changing nature of urban economies and their relationships with changes at the national and global levels compares current economic issues and policies of large cities around the world explores the links between globalization and economic changes in cities and the growing competitions between them. Cities and Economies uses case studies, photographs and maps expanding across the US, Western Europe and Asia. Written in a clear and accessible style, the book answers some fundamental questions about the economic role of cities. It is an essential text for students of geography, economics, sociology, urban studies and urban planning.

Introduction to Urban Economics offers a complete and self-contained coverage of urban economics. This book analyzes the economic rationale and growth and development of cities, theory and empirical analysis of urban markets, and problems and policies of urban economies. This text is divided into inter- and intra-urban analysis. Discussions on inter-urban analysis comprise Chapters 1 to 3 that include an introduction to urban economics, economic history of urban areas, and economics of urban growth. The rest of the chapters that cover intra-urban analysis describe the theories of urban markets, empirical tests of the theories, and implications of the empirical findings for policy decisions. This publication is valuable to students with a background in economic principles.

Richard Florida, one of the world's leading urbanists and author of The Rise of the Creative Class, confronts the dark side of the back-to-the-city movement In recent years, the young, educated, and affluent have surged back into cities, reversing decades of suburban flight and urban decline. and yet all is not well. In The New Urban Crisis, Richard Florida, one of the first scholars to anticipate this back-to-the-city movement, demonstrates how the forces that drive urban growth also generate cities' vexing challenges, such as gentrification, segregation, and inequality. Meanwhile, many more cities still stagnate, and middle-class neighborhoods everywhere are disappearing. We must rebuild cities and suburbs by empowering them to address their challenges. The New Urban Crisis is a bracingly original work of research and analysis that offers a compelling diagnosis of our economic ills and a bold prescription for more inclusive cities capable of ensuring prosperity for all.

Combining emerging trends in collaboration, democratization, and urbanization, this book examines the emergence of entrepreneurship and innovation as a primarily urban phenomenon, explains why urban environments are rapidly attracting global innovators across three distinct forms of "urbanpreneurship," and lights the path forward for entrepreneurs, innovators, and city governments. The world is urbanizing rapidly. Currently, 600 cities account for 60 percent of the global economy; by 2025, it is predicted that the top 100 cities will account for 35 percent of the world's economy. Emerging trends in collaboration, the sharing economy, and innovation are opening up new opportunities for entrepreneurs in urban environments—"urbanpreneurs"—to participate in everything from tech startups in cities (instead of suburban tech parks) to makers and on-demand service providers to roles in civic entrepreneurship for those interested in solving the challenges that growing cities are facing. Readers of this book will understand how the converging trends of collaboration, democratization, and urbanization are rapidly attracting global innovators to cities capable of creating the enabling environment for aspiring innovators. The book discusses how entrepreneurs can best capitalize on the opportunities in urban settings, identifies what large and small cities can do to encourage more urbanpreneurship, and concludes with a consideration of the future of entrepreneurship in urban environments.

Examines underlying factors behind the rise and decline of Dayton, Ohio, an archetypal Rust-Belt city, ultimately proposing a plan for revival.