Archive for April, 2008

Richard Florida
by Richard Florida
Mon Apr 28th 2008 at 3:06pm UTC

Cities and Suburbs

Monday, April 28th, 2008

Felix Salmon reports on the real estate panel at the Milken Institute’s Global Conference, highlighting this interchange between Sam Zell, Chairman and CEO of the Tribune Company, and Bobby Turner of Canyon Capital Advisors.

Turner, channeling the likes of Ryan Avent and Richard Florida, said that
consumer prefences are going to move away from the suburban lifestyle
as transportation costs soar. Zell agreed, pointing to enormous growth of housing in what he
called “24/7 cities”, putting a lot of that growth down to the societal
deferral of marriage. But as cities become ever more expensive and the suburbs become ever
cheaper, he was asked, won’t corporations move out to the suburbs? No.
Motorola rented 200,000 square feet of office space in downtown Chicago
last year, he said, even as they have over half a million vacant square
feet not far away in McHenry county. If the employees are moving to the
cities, then the companies are going to have to follow suit.

Yep, they sure are.

Richard Florida
by Richard Florida
Sat Apr 26th 2008 at 11:47am UTC

Mega-Regions of the Future-Past

Saturday, April 26th, 2008

Megaregions_of_tommorrow

This edition of Closer Than We Think on mega-regions of 1975 was published in 1961 – the same year Jean Gottman published his classic, Megalopolis. The text reads:

Tomorrow’s map will be vastly different from today’s. Great patches over much of
it will indicate the super-metropolis cities which are already evolving
out of our once-separated urban centers.

The “regional cities” of tomorrow will be nearly continuous complexes of homes, business
centers, factories, shops and service places. Some will be strip or rim
cities; some will be star-shaped or finger-shaped; others will be in
concentric arcs or parallels; still others will be “satellite towns”
around a nucleus core. They will be saved from traffic self-suffocation
by high-speed transportation – perhaps monorails that provide luxurious
nonstop service between the inner centers of the supercities, as well
as links between the super-metropolises themselves.

Via Paleo-Future, pointer from Chris Briem.

Richard Florida
by Richard Florida
Sat Apr 26th 2008 at 7:30am UTC

Rethinking Urban Politics

Saturday, April 26th, 2008

David Schleicher, Climenko Fellow at Harvard Law School, has an intriguing new paper “Why is There No Partisan Competition in City Council Elections? The Role of Election Law,” coming in the Journal of Law and Politics. His basic argument is that there is “nothing natural about the lack of partisan competition in elections in American cities. Instead, the lack of competition is likely the result of a system of anticompetitive election
laws that make it difficult for the local major party that is the minority to differentiate itself from its national parent. When combined with substantial residential segregation by political party and a first-past-the-post system that creates serious barriers to entry for third-party entrants, the result is uncompetitive and unrepresentative local elections.”

The complete paper is here.

Aleem Kanji
by Aleem Kanji
Thu Apr 24th 2008 at 1:35pm UTC

Rising from the Sands

Thursday, April 24th, 2008

From next week’s Economist:

A great piece on the rise of the Middle East economies including an interesting story with some background on the City of Dubai.

Having been to Dubai a few times, I can tell you that the story out there is compelling. This one city is home to a quarter of our planet’s construction cranes. They are spending massively to diversify their economy into industries such as IT, bio, media, and manufacturing as oil reserves shrink. Separately, Dubai has allocated a massive $15 billion dollars for public infrastructure alone over the next five years.

But is this sustainable? Even though many Middle East cities are flourishing, attracting talent and harnessing technological assets, can these places be models for the other big “T,” that being tolerance? What do you think?

Aleem Kanji

Richard Florida
by Richard Florida
Thu Apr 24th 2008 at 10:15am UTC

CO2 Map

Thursday, April 24th, 2008

Co2_map

Source: Purdue University’s Vulcan Project.

A list of the top emitting counties after the jump.

1. Harris, Texas (Houston), 18.625 million tons of carbon per year
2. Los Angeles, Calif. (Los Angeles), 18.595
3. Cook, Ill. (Chicago), 13.209
4. Cuyahoga, Ohio (Cleveland), 11.144
5. Wayne, Mich. (Detroit), 8.270
6. San Juan, N.M. (Farmington), 8.245
7. Santa Clara, Calif. (San Jose), 7.995
8. Jefferson, Ala. (Birmingham), 7.951
9. Wilcox, Ala. (Camden), 7.615
10. East Baton Rouge, La. (Baton Rouge), 7.322
11. Titus, Texas (Mt. Pleasant), 7.244
12. Carbon, Pa. (Jim Thorpe), 6.534
13. Porter, Ind. (Valparaiso), 6.331
14. Jefferson, Ohio (Steubenville), 6.278
15. Indiana, Pa. (Indiana), 6.224
16. Middlesex, Mass. (Boston metro area), 6.198
17. Bexar, Texas (San Antonio), 6.141
18. Hillsborough, Fla. (Tampa), 6.037
19. Suffolk, N.Y. (New York metro area), 6.030
20. Clark, Nev. (Las Vegas) 5.955

Via Wired.

Richard Florida
by Richard Florida
Thu Apr 24th 2008 at 9:26am UTC

Political Geography

Thursday, April 24th, 2008

Obamaclinton_decision_tree

This superb graphic by Amanda Cox of the NY Times (via Andrew Sullivan).

More interesting primary maps and graphics here and here.

Richard Florida
by Richard Florida
Wed Apr 23rd 2008 at 8:02pm UTC

This Picture Is Worth a Whole Lot More …

Wednesday, April 23rd, 2008

…than the thousands upon thousands of words I’ve read today about Pennsylvania and the Democratic primary.

Dem_primary

The graphic is from the Iowa Electronic Markets, and reflect “real-money futures markets where contract payoffs will be determined by the outcomes of the 2008 U. S. National Conventions.”

Richard Florida
by Richard Florida
Wed Apr 23rd 2008 at 7:42pm UTC

Global Marshall Plan

Wednesday, April 23rd, 2008

Gordon Brown calls for one:

And when today cynics dismiss as and impossible dream or naïve idealism
proposals to create the institutions of a truly global society let us remind
them that people used to think black civil rights a distant dream, the end of
the cold war an impossible hope, the ending of apartheid in our generation the
work of dreamers, debt relief for the poorest countries an unrealisable idea … And so let us have confidence we can discover anew in ourselves the values we
share in common,  … and let us have confidence we can create a
global covenant across nations to make peace and prosperity real in our
generation.

The rest is here.

Richard Florida
by Richard Florida
Tue Apr 22nd 2008 at 10:10am UTC

Location, Location, Location

Tuesday, April 22nd, 2008

An innovative analysis by Eric Cadora highlights “million-dollar
blocks” — individual city blocks where more than one million dollars
per block per year are spent to incarcerate individuals from that
block.  Some blocks cost over five million dollars per year…A million
dollars, coincidentally, is roughly what it would cost to pay for one
patrol officer, twenty-four hours a day, every day for one year.

Via Tyler Cowen, here. Does it even surprise you?

Richard Florida
by Richard Florida
Tue Apr 22nd 2008 at 8:19am UTC

The Consigliere

Tuesday, April 22nd, 2008

The Financial Times profiles Geoff Beattie, the force behind the Thompson-Reuters merger.

As president of Woodbridge, the family investment company, Mr Beattie, 48, is often described as the consigliere or éminence grise of the family. It is a sign of the rarity of such roles in Anglo-Saxon capitalism that there seems to be no English equivalent.

Other family
conglomerates accrue advisers who “slowly but surely emasculate the
family”, Mr Beattie says. But Woodbridge acts as the sole conduit
between the family, its assets and a tight circle of loyal lawyers and
bankers. In 50 years only two people have held the role. Mr
Beattie took over in 1998 from John Tory, a lawyer who spent 20 years
advising Roy Thomson and another 20 counselling his son, Kenneth. According
to Mr Beattie, who began his career in Torys law firm, continuity has
shaped a long-term approach that has become a family hallmark. Without
the responsibilities of operating executives, “it allows us the time,
and gives us the responsibility, to be far-sighted”.

It is a model other
businesses should study, Prof [Roger] Martin says. “There is a view, especially
in the US, that the widely held, publicly traded corporation with no
major shareholder is the natural order in the world. It isn’t. It is a
recent phenomenon.”

Beattie is also a key force, along with Roger Martin, behind the Martin Prosperity Institute.