http://www.creativeclass.com/_v3/creative_class/2008/08/08/creative-economy-12-trillion/ The source on how we live, work and play Wed, 07 Dec 2011 18:10:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.creativeclass.com/_v3/creative_class/2008/08/08/creative-economy-12-trillion/comment-page-1/#comment-4933 hayden fisher Sat, 09 Aug 2008 13:34:05 +0000 http://www.creativeclass.com/_v3/creative_class/?p=1961#comment-4933 Great piece! It's about time that the US gets recognized as the creative machine that it is and has always been. Hopefully that will continue to radiate throughout the world for the betterment of all. Great piece! It’s about time that the US gets recognized as the creative machine that it is and has always been. Hopefully that will continue to radiate throughout the world for the betterment of all.

]]> http://www.creativeclass.com/_v3/creative_class/2008/08/08/creative-economy-12-trillion/comment-page-1/#comment-4929 Zachary Neal Fri, 08 Aug 2008 17:49:50 +0000 http://www.creativeclass.com/_v3/creative_class/?p=1961#comment-4929 The second comment strikes me as shortsighted. Going into "knowledge-intensive services-business, financial, and communications instead of science" is bad for GDP growth in the long-run because these knowledge-intensive services are only good for GDP so long as they are backed up by good science. Knowledge-intensive service jobs in communications, for example, would dry up pretty quickly if researchers quit developing new communications technologies. It may be true that the lag between 'science' and the knowledge-intensive services that its products eventually spur demand for is quite long. But, science is still an integral piece of the process, especially if the process is to be sustainable. The second comment strikes me as shortsighted. Going into “knowledge-intensive services-business, financial, and communications instead of science” is bad for GDP growth in the long-run because these knowledge-intensive services are only good for GDP so long as they are backed up by good science. Knowledge-intensive service jobs in communications, for example, would dry up pretty quickly if researchers quit developing new communications technologies. It may be true that the lag between ’science’ and the knowledge-intensive services that its products eventually spur demand for is quite long. But, science is still an integral piece of the process, especially if the process is to be sustainable.

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