The reasons have a lot to do with demographics.
"We're creating a huge urban underclass of people who can’t function in the society."
Middle class families don't, but low-income people might be better off in the suburbs.
They have very little to lose by trying to cultivate a new, more labor friendly industry, albeit a highly speculative and technically illegal one.
MIT economist Josh Angrist believes demographics and pedagogical approach both play a role.
Some cities, you just can't reach.
Heat maps from Square highlight how concentrated the benefits from the big game really are.
The two don't necessarily go together, according to a new report.
Sure, it's not an independent book store. But the franchise is shuttering its big city stores, leaving fewer options for those who want to buy hard copies.
A new Brookings report looks at the relationship between innovation and regional economic growth.
You don't need any statistics to fully grasp the depth of the economic crisis. You only need to know about the smoke.
Why the chainification of the corner store is a bigger deal than losing book stores and record stores combined.
It appears that talent clustering provides little in the way of trickle-down benefits to service and blue-collar workers.
Skirting the rules to get a problem fixed runs deep in India's culture. Does it make it difficult to nurture law-and-order institutions?
Clogged canals and aging infrastructure aren’t the only factors intensifying Jakarta’s perennial flood crises.
We get a lot of email. This week, Richard Florida answers one reader's pressing question.
Sands Casino revitalized a major parcel of unused land, bringing a hotel and award-winning arts center along with it. But partnering with a casino can come at a cost.
As many as 100 million people could gather for Kumbh Mela in the northern Indian city of Allahabad.