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The New Urban Crisis

Book launch hosted by Centre for London and LSE Cities

In recent years, the young, educated, and affluent have surged back into cities, reversing decades of suburban flight and urban decline. And yet all is not well. In The New Urban Crisis, Richard Florida, one of the first scholars to anticipate this back-to-the-city movement in his ground-breaking The Rise of the Creative Class, demonstrated how the same forces that power the growth of the world’s superstar cities also generate their vexing challenges: gentrification, unaffordability, segregation, and inequality. In London, unaffordable house prices saw people in their 30s leave the capital in record numbers over the last year.

But if this crisis is urban, so is its solution. Cities remain the most powerful economic engines the world has ever seen. Florida argued that the only way forward is to devise a new model of urbanism that encourages innovation and wealth creation while generating good jobs, rising living standards, and a better way of life for everyone.

The New Urban Crisis offers a diagnosis of our economic ills and a bold prescription for more inclusive cities capable of ensuring growth and prosperity for all.

This event was supported by British Land and UNCLE.

Photograph: Bill Parry

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  • Richard Florida

    Richard Florida

    Richard Florida is a researcher and professor, serving as Director of the Martin Prosperity Institute and Professor of Business and Creativity at the Rotman School of Management, University of Toronto, a Distinguished Fellow at New York University’s Schack Institute of Real Estate, and a Visiting Fellow at Florida International University. He is an author and journalist having written several global best sellers, including The Rise of the Creative Class. He also serves as senior editor for The Atlantic, where he co-founded CityLab.

  • Ricky Burdett

    Ricky Burdett

    Ricky Burdett is Professor of Urban Studies and Director of LSE Cities and the Urban Age Programme. He sits on the Mayor of London’s Cultural Leadership Board, is a Council Member of the Royal College of Art and Trustee of the Norman Foster Foundation. He was Chief Advisor on Architecture and Urbanism for the London 2012 Olympics and architectural advisor to the Mayor of London from 2001 to 2006. He was Director of the Venice Architecture Biennale in 2006 and curator of the Global Cities exhibition at Tate Modern in 2007. Burdett has been on architectural juries for high-profile projects including Tate Modern, London’s Aquatic Centre, Rothschild Bank Headquarters, Holland Green and Elizabeth House and has worked on major regeneration projects across Europe and the USA, including the 8-million sq ft redevelopment around Penn Station in New York City. He was appointed CBE in the Queen’s 2017 New Year’s Honours List.