LEADER 02968nam 2200373 450 001 9910585596403321 005 20230513052139.0 035 $a(CKB)5690000000017340 035 $a(NjHacI)995690000000017340 035 $a(EXLCZ)995690000000017340 100 $a20230513d2022 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aWhile Waiting for Rain $eCommunity, Economy, and Law in a Time of Change /$fJohn Henry Schlegel 210 1$aAnn Arbor :$cUniversity of Michigan Press,$d2022. 210 4$dİ2022 215 $a1 online resource (xiv, 376 pages) 311 $a0-472-05561-5 320 $aIncludes bibliographical references and index. 330 $aWhat might a sensible community choose to do if its economy has fallen apart and becoming a ghost town is not an acceptable option? Unfortunately, answers to this question have long been measured against an implicit standard: the postwar economy of the 1950s. After showing why that economy provides an implausible standard-made possible by the lack of economic competition from the European and Asian countries, winners or losers, touched by the war-John Henry Schlegel attempts to answer the question of what to do. While Waiting for Rain first examines the economic history of the United States as well as that of Buffalo, New York: an appropriate stand-in for any city that may have seen its economy start to fall apart in the 1960s, 70s, and 80s. It makes clear that neither Buffalo nor the United States as a whole has had an economy in the sense of "a persistent market structure that is the fusion of an understanding of economic life with the patterns of behavior within the economic, political, and social institutions that enact that understanding" since both economies collapsed. Next, this book builds a plausible theory of how economic growth might take place by examining the work of the famous urbanist, Jane Jacobs, especially her book Cities and the Wealth of Nations. Her work, like that of many others, emphasizes the importance of innovation for economic growth, but is singular in its insistence that such innovation has to come from local resources. It can neither be bought nor given, even by well-intentioned political actors. As a result Americans generally, as well as locally, are like farmers in the midst of a drought, left to review their resources and wait. Finally, it returns to both the local Buffalo and the national economies to consider what these political units might plausibly do while waiting for an economy to emerge. 517 $aWhile Waiting for Rain 606 $aEconomic history 615 0$aEconomic history. 676 $a330.9 700 $aSchlegel$b John Henry$0728242 801 0$bNjHacI 801 1$bNjHacl 906 $aBOOK 912 $a9910585596403321 996 $aWhile Waiting for Rain$92911086 997 $aUNINA