Harry Potter and the circulation of markets
Wednesday, April 16, 2008
Titus' last post, focusing on circulation, gave an important look at how local economies can stagnate because of compartmentalized thinking and cultures. When people within larger communities self-stratify, narrowing their focus, they may create vibrancy within their own orbit but fail to benefit from the network value of tapping into others around them. The end result are cities like Los Angeles,which is as equally, if not more ethnically diverse than New York City, but because of dependence on cars limits cultural cross-pollination. If politicians, businessmen, even community developers could take a look at the online world, they might learn something... Read more →