Ossification + Economic Shaping
Interesting article by Richard Florida, who wrote “The World is Spiky,” on reshaping America during/after this crash. There’s a lot to unpack here, but some initial notes:
- Increased ownership of expensive homes led to the country ossifying to a level that is unconducive to innovation, or economy activity in general.
- Renting, facilitated by a soft landing for foreclosures, would counter this rigidity and also boost economic productivity.
There are some fun opportunities here for the right student of economics (a very soft subject that also ossified, causing much confusion for a lot of society): Take some GIS software, feed economic indicators into it, and then play out multiple scenarios, visually, and write them up.
-Shlok
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