Richard Florida‘s work on the connection between good urbanism, creativity and economics is interesting, convincing and timely. He has given an excellent overview of the historical and cultural causes of the current financial crisis that I have seen at the Globe and Mail. If you need a quote before you read it, here’s one:
The real reason is that the roots of the current crisis are tied to the fundamental nature of the postwar model of economic development called “Fordism.” That model drew a tight connection between assembly-line mass production and mass consumption – ultimately fuelled by massive suburbanization.
…While Fordism looks stable on the surface, it suffers from a fatal flaw: It’s impossible for consumption to keep up with the ever-growing pace and efficiency of production.