Our discussion on the New Normal and the Post-Financial Crisis centers chiefly around two important publications. The New Normal label was developed by Mohamed El-Erian, CEO of America’s largest asset manager, PIMCO. The second conceptual position is drawn from Reinhart & Rogoff’s, This Time is Different. El-Erian put his concept together in 2008-2009 period and Reinhart and Rogoff in early 2010. They have been mostly right thus far into 2012.
Probably the most well known and often used approach to classifying your community’s politics and local culture–PATCHWORK NATION. What’s the theory behind it’s classification system? How can it help you in your economic development initiatives?
The Big Sort may be one of the most underappreciated books applicable to local economic development. Dealing with how the culture wars emerged in our cities and towns over the last serveral decades, the Big Sort provides some valuable perspective about the links between culture, politics and local economic development.