Ed Glaeser argues that given the right conditions, start-ups can drive the city's economic future.
Historically, entrepreneurship has been a key element of New York's economic success, says Glaeser, but in recent times the city has become overly reliant on a single industry: finance. He argues that with a 9.6 percent unemployment rate (slightly higher than the national average), the city should focus on minimizing regulations that make it difficult to start new businesses and attracting smart, creative residents.
Glaeser writes:
"New York's economy will never recover from the downturn by trying to compete with China's labor costs or with Houston's housing costs...Rather, New York's success will depend on its ability to produce a steady stream of new products and ideas."
FULL STORY: Start-Up City
Restarting New Orleans With Startups
In town for New Orleans Entrepreneur Week, Zak Stone reports on New Orleans' attempts to repopulate the city with the creative class.
NYC Likely to Legalize ADUs as Part of ‘City of Yes’ Reforms
Homeowners in some neighborhoods could soon be able to build accessory dwelling units in their backyards, garages, or basements.
Parked Cars Hamper NYC Trash Containerization Effort
Sanitation workers must manually collect bags from containers blocked by parked cars, slowing a process that is meant to be safer and more efficient.
Seattle Legalizes Co-Living
A new state law requires all Washington cities to allow co-living facilities in areas zoned for multifamily housing.
NYC Officials Announce Broadway Pedestrianization Project
Two blocks of the marquee street will become mostly car-free public spaces.
The City of Broken Sidewalks
Can Los Angeles fix 4,000 miles of broken sidewalks before the city hosts the 2028 Olympic Games?
Why Some Affordable Housing Managers Are Running Education Programs
Many housing organizations are finding that educational programs are a logical — and valuable — addition to their offerings.
Anchorage Bus Depot to Reopen
After a four-year closure, a downtown Anchorage transit center will once again provide indoor waiting areas and services for bus travelers.
Mapping a Greener Future: Cal Poly Tackles Urban Canopy Challenges
Cal Poly, in partnership with Cal Fire, is leading the development of California’s new Strategic Plan for Urban Forestry, combining advanced data tools and interdisciplinary collaboration to expand tree canopy cover.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Village of Glen Ellyn
American Planning Association, Sustainable Communities Division
HUDs Office of Policy Development and Research
HUDs Office of Policy Development and Research
City of Cambridge, Maryland
Newport County Development Council: Connect Greater Newport
Rockdale County Board of Commissioners