The Rise of the Creative Economy

This segment originally aired live on August 3, 2015. An edited version was included in a best-of episode of The Brian Lehrer Show on September 7, 2015. The unedited audio can be found here.

Richard Florida, professor at NYU-SPS and the director of the Martin Prosperity Institute at the University of Toronto, and Steven Pedigo, director of Creative Cities & Civic Innovation at NYU School of Professional Studies, share the details of their analysis of New York City's post-recession economy.

New York has become the world’s 2nd most important high-tech startup scene, behind the Bay Area, says @Richard_Florida.

— Brian Lehrer Show (@BrianLehrer) August 3, 2015

We're seeing a creative class emerging in outer boroughs (includes tech, healthcare) says @NYUSPS's @iamstevenpedigo. pic.twitter.com/e2cQLS4ofb

— Brian Lehrer Show (@BrianLehrer) August 3, 2015

.@Richard_Florida: There's a fast-growing divide btwn 33% of NYers in "knowledge"/professional economy and 50% in low-wage service economy.

— Brian Lehrer Show (@BrianLehrer) August 3, 2015

@BrianLehrer: With housing costs growing faster than inflation & far faster than incomes, is current-NYC sustainable?

— Hugh Sansom (@hughsansom) August 3, 2015

For every artist pushed out, NY loses energy. But bigger issue is growing divide between knowledge class + service workers. @Richard_Florida

— Brian Lehrer Show (@BrianLehrer) August 3, 2015