In the go-go days of the mid-2000’s, Richard Florida was king, and the creative economy was going to lead us to cafe-cultured prosperity. Here in the central Puget Sound, not only did we take credit for all our smart people, we actually hired Richard Florida to come and help us develop strategies to capitalize on these resources. But you don’t really hear too much about that these days. What happened to the creative economy?
Obviously, the “Great Recession” has taken the wind out of the sails of a lot of investment in the amenities that help cities attract and retain high demand workers. Cultural institutions are struggling, bookstores are closing, and paying too much for a latte is gauche. Not to mention the huge cuts going on locally and nationally in education that keep us from producing the STEM field degrees that power a lot of that high tech innovation.
Remember That Whole Thing About the Creative Economy? « The Prosperity Blog