Monday, November 24, 2008

Winners and losers in the new depression? Could be the same people.

Who will get hurt in the economic meltdown? Not the creative classes, says Professor Richard Florida, who has built a brand on the concept of the creative classes. His creatives have more income and more job security than anyone, he reports. They will do fine.

But in the same issue of the Globe & Mail, the more down-to-earth Kate Taylor reports that art grants for creative work are vanishing like smoke -- because in recent years the granting agencies all got told to put their endowments into the market. Depends what part of the class you sit in, I guess.
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