“The Great Reset, How New Ways of Living and Working Drive Post-Crash Prosperity” by Richard Florida

Summary

Before COVID, but after The Great Recession, this 2010 book continues Richard Florida’s mission to describe the new world we live in; in this case as viewed from the bottom of the business cycle. A good read, as usual, with an historic tour d ’force that provides perspective on the present Great Recession and the prospects for what will happen on the other side. His view is that the Second Reset of the Great Depression of the 1930s created the conditions for the accelerated prosperity of the post-World War Two economy. The hypothesis of The Great Reset, based on a convincing argument, is that this will happen again once the damage of the Great Recession is cleared.