A recent article in Atlantic Cities by Richard Florida, titled "Where 'Eds and Meds' Industries Could Become a Liability," has caused a bit of a stir. The article warns that relying on anchor institutions such as local universities and hospitals (also known as “eds and meds”) for economic development is chancy.
On November 5th, residents of Boulder, Colorado went to the polls to decide whether or not the city should continue on its path towards a locally controlled public utility devoted to expanding renewable energy and reducing carbon emissions. At issue was ballot question 310, an initiative backed by the existing corporate provider Xcel Energy that would have crippled the city’s municipalization efforts by placing severe debt and other restrictions on the process. Just as they did in 2011 when city residents voted to form their own public utility, Xcel energy spent large amounts of money trying to influence local voters. This time around the company spent $800,000 dollars, bringing its total for both elections to approximately $1.8 million.
This month’s new developments, include:
- Our Anchor Dashboard paper, designed to help institutions assess the long-term impact of their economic development activities, was featured in a presentation at the U.S. Department of Housing and Urban Development's Office of University Partnerships, the Federal Reserve Bank of Richmond’s Redefining “Rust Belt” four-city videoconference, The Coalition of Urban and Metropolitan Universities’ annual conference, the Municipal Arts Society Summit for New York City, and at the Initiative for a Competitive Inner City’s Inner City Economic Summit in Cleveland.
- Community Wealth Building Key to Democratizing the Economy
- C-W Interview: Reverend Barry Randolph
- Book Explores Equitable Solutions to Global Environmental Challenges
- New Series Investigates Community Wealth Building Inititatives Across the Nation
- Growing Opportunities to Invest Directly in Communities Builds Local Economies
- Collaboration Between Anchor Instituions and Food Hubs Supports Local Food Economies
- Center for Environmental Transformation
- Cincinatti Union Cooperative
Democracy Collaborative Executive Director Ted Howard was invited to moderate this discussion on the role of anchor insitutions at the Municipal Art Society's annual gathering. Read more about Ted Howard at the 2013 MAS Summit for NYC...