Economic Transformation.

This builds off the previous post. Richard Florida wonders if the root of our economic troubles is the chaos that naturally occurs when an economic system is undergoing transformation. We are still in the process of changing from a manufacturing to an information based economy. Florida argues that existing policies have to be reexamined in order to allow for the population to fit into this new order, much as they were when we became an suburban, highway driving economy following the Great Depression. Part of the problem is homeownership. Owning a home ties one to a particular place and makes mobility difficult. We have to adjust expectations and policies accordingly, meaning we should stop encouraging people to buy homes, among other things.