Richard Florida Discusses The Great Reset of Urban Development in Economic Downturns

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Uploaded by on Aug 6, 2010

How is the current economic crisis remaking American cities?

Reason.tv's Nick Gillespie sat down with Richard Florida, author of "The Great Reset: How New Ways of Living and Working Drive Post-Crash Prosperity." Florida discussed the housing bubble, high speed rail, and how economic shifts give rise to new urban landscapes called "megaregions."

Approximately 10 minutes. Shot by Dan Hayes and Josh Swain. Edited by Josh Swain.

Go to http://www.reason.tv for iPod, HD, and audio versions of this and all our videos, and subscribe to Reason.tv's YouTube channel to receive automatic notifications when new material goes live.

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  • The government doesn't need to fucking ENABLE infrastructure. Let private individuals figure this shit out for themselves. Government planning of areas is the reason Hurricane catrina was such a big deal.

  • Get the government out, and let the market create the best solution. It might be telecommuting, instead of heavily subsidized rail.

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  • @prometheuszero9 Your statement: In order for people to voluntarily trade in a free market, money must be stolen from them to fund streets and sidewalks. If this does not happen, it is impossible for markets to develop.

  • I think you also fail to recognize the rest of Florida's statement here, which is completely logical... government ENABLES infrastructure, which in turn ENABLES markets. After all, you can't have global trade without a sufficient and efficient infrastructure.

  • @CaliforniaArchitect If by "get the government out", you mean, "get rid of needless bureaucratic hurdles", then sure. If by "get the government out, and let the market create the best solution", you mean "let corporate entities decide the fate of our infrastructure", then no thanks. I have had quite enough of that.

  • @prometheuszero9

    Not to mention that if you are using a cellular device, you are likely making use of a satellite that is owned by the US military, or was at some point.

  • @kamikazee55

    If private individuals figured "this shit out for themselves", then we would likely have a completely fracture, toll-ridden infrastructure. It's easy for people to diminish the role of government, even though the only reason we can get to work most of the time is by government-funded roads and mass transportation. Hell, the very fact that we can post these comments on YouTube is thanks to the telecommunications infrastructure researched and developed by the government via DARPA.

  • While were at it let's get rid of Federally subsidized highways of all sorts.

  • @XCritonX *sigh* Stossel again...

    Okay, I admit that there's a point where experimentation is better than waiting to die. But I take that as an argument for greater efficiency and speed from the FDA, not for its elimination. We are much better off with it than without it.

    I can't follow your second example. Freddie Mac and Fannie Mae are run by government, but the government in turn is run by private banks..?

  • @lenojames Actually if the FDA wont approve a drug you can not get it legally. They control what drugs we are permitted to take and ban the rest. Check out the YouTube video: /watch?v=Dan1LFrzyII

    Freddie Mac and Fannie Mae are not part of the free market, they are part of the government. We do not have a free market in the financial sectors of America. It is all run by government regulations and in turn the government is run by special interest groups comprised of owners of many of these banks.

  • @XCritonX Oh, that's what you were talking about. Yeah, you can take any experimental cancer drug. It's just that the FDA won't approve it, and so your insurance won't pay for it. You have the right to do it, but with a brand new drug, you just won't have the money.

    If the government was unable to manage the market as you say, then that means that the market was managing itself. And if the market was managing itself, and the market collapsed, that means the market collapsed all on its own.

  • @lenojames

    If I have terminal cancer and the drug has a 50% chance of killing or curing me I want to have the right to make the decision to swallow it or not. I don't want some government clown telling me I have to die because he doesn't like my odds. It is about freedom vs tyranny.

    The SEC was over seeing the government created, controlled and owned monopolies of Freddie Mac and Fannie Mae. The government cant even over see its own business well how can they ever hope to manage the market.

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