Great Resets Knit Innovation and Economic Cycles Together 251.0
Richard Florida proposes a new take on economic cycles and waves of urbanization as related to technical progress. In his latest book (2010 Harper) at right, he echoes economists like Nouriel Roubini, and Carmen Reinhart and Kenneth Rogoff in saying that regular crises are the normal and expected bane of capitalism. Unlike Karl Marx who [...]
Ozamiz Nurtures a Geographical Business Cluster 248.0
My hometown, Ozamiz City, is in the news again. But for not so good a reason. Over the years, she has gained a reputation for organized crime such that, like political violence ascribed by the military almost on a proforma basis to the NPA, any crime conveniently chalked up to the “Ozamiz Group,” like the [...]
Nations as Portfolios of Cities Part – 2 of 2
Singapore and Hongkong are cities that happen to be run successfully as national economic units. Jane Jacobs who wrote the book “Cities and the Wealth of Nations” argues that the correct approach to national development is to look at nations as a portfolio of cities rather than the unitary state representing the whole nation. A [...]
Factor Mobilization and TFP In Hongkong and Singapore – 1 of 2
Hongkong and Singapore are latecomer nations, in fact city-states, who were similar in many ways but took different paths toward their present developed status. As cities, they are a special case of industry clusters; as nations, these cities can be special cases to study from for the Philippines. For this paper A tale of two [...]
