Measuring Quality Of Life
The Economist examines the economic and quality-of-life impacts of the dot-com boom on California's Bay Area.
"Quality-of-life issues are always hard to measure. But economists have begun to put some numbers on the region's bohemian flair. According to a recent study by Richard Florida of Carnegie Mellon University, there is a close correlation between a region's openness to artists and its prosperity. A large and visible population of creative typesand of homosexuals, according to Mr Floridapoints to a tolerant and diverse society of the sort that appeals to the wider class of knowledge-workers who drive modern economies. San Francisco, with its hippies, poets and large gay population, topped Mr Florida's rankings of American cities for overall creativity."
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