Our Voice: American Cities Are Ripe for Renewal, if Philanthropy Has the Will
October 17, 2010 - Commentary by Ben Hecht, president of Living Cities, published in the Chronicle of Philanthropy. McKnight is a Living Cities member and McKnight president Kate Wolford serves on the board.
Richard Florida, the economic-development expert and author, refers to the financial meltdowns that have occurred throughout American history as Great Resets. He argues that they create a pathway for innovation and encourage new ways of doing business.
As examples, he points to the urbanization and rapid industrialization that followed the Long Depression of the late 19th century and the more recent technological expansion that followed the Great Depression in the 1930s...