Who's Your City?: How the Creative Economy Is Making Where to Live the Most Important Decision of Your Life

My wife and I loved the book...We have both reread parts of it... We also recommend his earlier book -The flight of the Creative Class... I wish I had read this one first.. Both books helped us to make sense out of what we have seen happening over the last few decades....

Great for understanding the intersection of demographics, geography and prosperity. His main premise is there are distinct economic corridors in the world. The main ones based on prosperity 1) Boston-NY-Washington-Phili 2)So-Cal (LA-SD) 3) Nor-Cal (silcon valley) 4)Toronto-Buf-Rochester and more. These are the big ones.

Richard Florida has given us a thoughful tome on one of the crucial questions most of never ask: where should one live? We spend a lot of time and energy on career and mate choice, but not nearly enough on this crucial question. The "clustering effect" of talented, creative, highly educated people into mega regions around the world has made the concept of place critical for long-term economic and personal success. Everyone should read this book: new college grads, professionals, retirees, everyone.

This is a wonderful book. R. Florida counters the theories of the The World Is Flat: A Brief History of the Twenty-first Century. At the beginning, he outlines how just 40 Mega-Regions dominate the World economy. While those account for just 17% of the World's population, they generate two thirds of its GDP and over 85% of its innovation (measured by patents and scientific papers). Additionally, the GDP of those Mega-Regions are growing faster. So, the concentration of economic power in those centers is accelerating. He calls this the "clustering effect." Thus, the World is not flat. It is spiky and getting spikier. Risk taking, creative, and talented people represent the "creative class" a concept he introduced in The Rise of the Creative Class: And How It's Transforming Work, Leisure, Community and Everyday Life. The creative class members have strong incentives to cluster where the action is (the Mega-Regions). He demonstrates how the main economic scale has shifted from Nations to Mega-Regions and MSA level. The first two Mega-Regions (greater Tokyo and the D.C., New York, Boston corridor) both generate GDPs greater than $2 trillion. They would rank as the 3d and 4th largest World economies second only to the U.S. and Japan. With other eminent social scientists, he studies the allocation of human resources in the U.S. in many ways. He shares the resulting maps of: a) the U.S. Mega-Regions, b) areas by % of college graduates, c) areas by income, d) areas by % belonging to creative class, e) areas by home prices. He uses similar color coding for each of those five maps that focuses on those different variables. And, the five different maps are very alike. It is as if you are seeing the same map five times, but with different legends. Thus, the high income, educated, creative class clusters within the Mega-Regions of the West Coast and the North East. Next, R. Florida introduces the reader to the Big 5 Factor psychological model with the factors being: extraversion, agreeableness, neuroticism, conscientiousness, and openness to new experience. He invites the reader to take the test at a mentioned website. My whole family took it. And, it was fun and revealing. The website captures the anonymous psychological profiles and zip codes. From this data, Florida and his colleagues create a map of personality types that shows where the conscientious types live, etc... Now, we can add a sixth dimension to the map: Openness. Thus, it is the open-minded, high income, educated, creative class that all clusters in the Mega-Regions of the West Coast and North East. And, that's where the most expensive real estate markets are. R. Florida analysis states that society is increasingly sorting itself by location. His analysis reminds one of Bell Curve: Intelligence and Class Structure in American Life (A Free Press Paperbacks Book) where Hernstein and Murray indicated that society is increasingly stratified by cognitive abilities.

Richard Florida does it again. In his bestselling "Rise of the Creative Class", he demonstrated the world's move to a creativity-based economy. But also that this emerging economy is increasingly concentrated in about a dozen cities in the US, and two or three dozen worldwide. In "Who's Your City", Florida goes in two directions. First he lays the groundwork, expanding on his research of a clustering force of creative people that is making some regions economic and cultural winners. He explores the emerging "Mega-regions" (Bos-Wash, Northern California, Greater London) that are replacing nations as the organizing force of economic activity. He also plays with the idea that cities have personalities that attract different kinds of people. Then in the last section Florida brings it all together, and shows why the book got its name. He says where we live is one of three major life decisions (along with choosing a mate and a career), and in fact can have a strong effect on the other two. But most people give it little thought, especially compared to love and work. Then he gets personal. He gives us a 10-step process for deciding on a new home. To his credit, Florida doesn't assume we should all move to creative class Mecca's like Austin or Seattle. He recognizes that for many people, staying near family and friends is paramount, and that the search for experience isn't for everyone. What he does do is say that this can be a conscious decision. But if you ARE looking for a new place to live, Florida's 10-point list is certainly the best tool for organizing your thinking -- from identifying what's important to you to generating a short list, researching the options and making a final decision. Even if you're happy with your city and not planning to move, "Who's Your City" is a fascinating study of how the world is changing, from macroeconomics to popular culture. Recommended for everyone.