The Gated City: How America Made Its Most Productive Places Ever Less Accessible

The Gated City: How America Made Its Most Productive Places Ever Less Accessible

4.5 2
by Ryan Avent
     
 

Something has gone wrong with the American economy. Over the past 30 years, great technological leaps failed to translate into faster growth, more jobs, or rising incomes. The link between innovation and broad prosperity seems to have broken down.

At the heart of the problem is a great migration. Families are fleeing the country's richest cities in droves,…  See more details below

Overview

Something has gone wrong with the American economy. Over the past 30 years, great technological leaps failed to translate into faster growth, more jobs, or rising incomes. The link between innovation and broad prosperity seems to have broken down.

At the heart of the problem is a great migration. Families are fleeing the country's richest cities in droves, leaving places like San Francisco and Boston for the great expanse of the Sunbelt, where homes are cheap, but wages are low.

In The Gated City, Ryan Avent, The Economist's economics correspondent, diagnoses a critical misfiring in the American economic machine. America's most innovative cities have become playgrounds for the rich, repelling a cost-conscious middle class and helping to concentrate American wealth in the hands of a few. Until these cities can provide a high quality of life to average households, American economic stagnation will continue.

Product Details

ISBN-13:
9780615554921
Publisher:
Ryan Avent
Publication date:
11/28/2011
Sold by:
LULU PRESS
Format:
NOOK Book
Sales rank:
926,715
File size:
450 KB

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The Gated City: How America Made Its Most Productive Places Ever Less Accessible 4.5 out of 5 based on 0 ratings. 2 reviews.
Anonymous More than 1 year ago
Excellent book. It addresses a major cause of the economic malaise that America has suffered in the 21st century. I wish more people understood the terrible economic consequences that our current housing policies create.
Anonymous More than 1 year ago
Avent documents an important trend in the US today. He does it with numbers and other objective findings. It is indeed a tragedy that the highly productive areas of this country is chasing out the middle class. The only reason I gave this book 4 instead of 5 stars is that the prose is somewhat dry.