Richard Florida
8 key ideas, each explained in our own words.
The Rise of the Creative Class
- IDEA 1
Creativity drives the economy
Florida argues that creativity has become the main driver of economic growth. He identifies a growing creative class of people whose work involves creating new ideas, technology or content. Cities and firms compete for such people.
- IDEA 2
A new class has emerged
Florida describes the creative class as scientists, engineers, artists, designers, writers and professionals who use knowledge creatively. He argues they make up a large share of the workforce. In his view, their numbers have grown quickly over recent decades.
- IDEA 3
Three Ts attract growth
Florida argues that successful cities combine technology, talent and tolerance. Places with all three attract creative people and businesses. In his view, a city that has only one or two of these is less likely to thrive in the new economy.
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