The Endowment of “The Prosperous” plays a central role in American metropolitans. Increasingly, cities are being viewed as central places for economic growth due to certain structural dynamics associated with urban places—industry clustering, agglomeration, density of networks, urban scale, and the attraction of skilled labor. With the growth of the knowledge economy, these particular urban features will become more salient as growth will largely consist of technological innovation.
At the same time, other factors not captured by terms of economic growth are important. This includes for example, the level of personal savings, culturally significant businesses, and the involvement of business leaders in the community. Other aspects of this endowment assess the fiscal health of the city, the tax burden on residents and businesses, and the affordability and availability of housing stock.
To learn more about the Endowment of the Prosperous, download our research brief below.
Aside from improvements to cardiovascular health, walking, particularly within one’s community, provides a myriad of benefits.
The next time a city or community is struggling, rather than looking only to macroeconomic forces or national policymakers for reasons, we should equally examine the strength of local leadership and the texture of their networks.
With patience, with equanimity, and with discernment, we can identify new potentials to provide opportunities for growth and prosperity to everyone.
Is MSP really Greater? A brief look at the Human Ecology of Minnesota’s Twin Cities reveals tremendous upside along with numerous challenges.
Although there is much to praise about new indexes such as the Social Progress Index, questions remain.
City planners should be wary of any predictions that downplay the unknowability of the future by projecting present conditions onto it.
On February 21, 2015, Crosstown Concourse officially broke ground in Memphis, TN. Originally built in 1927 and known as the Sears Crosstown Building, it operated as a Sears store for over 60 years until becoming vacant in the 1990s. Thanks to the recent efforts of many people such as Todd Richardson, new energy and investment has been poured into its revitalization.
Learn about Thriving Cities through an animated overview of the project.
In India’s rush to transform, build, and even engineer entire new cities, critics are right to raise concerns about citizenship and access
The “sidewalk ballet” of the farmers’ market