000			03672cam a22004694a 4500
001			musev2_101950
003			MdBmJHUP
005			20240815120856.0
006			m o d
007			cr||||||||nn|n
008			220731s2022 miu o 00 0 eng d
020			_a9780472902972
020			_z9780472075614
020			_z9780472055616
035			_a(OCoLC)1337854766
040			_aMdBmJHUP _cMdBmJHUP
100	1		_aSchlegel, John Henry.
245	1	0	_aWhile Waiting for Rain : _bCommunity, Economy, and Law in a Time of Change / _cJohn Henry Schlegel.
264		1	_a[Ann Arbor] : _bUniversity of Michigan Press, _c2022.
264		3	_aBaltimore, Md. : _bProject MUSE, _c2022
264		4	_c©2022.
300			_a1 online resource.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
506	0		_aOpen Access _fUnrestricted online access _2star
520			_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.
588			_aDescription based on print version record.
651		7	_aUnited States. _2fast _0(OCoLC)fst01204155
651		7	_aNew York (State) _zBuffalo. _2fast _0(OCoLC)fst01205730
651		0	_aUnited States _xEconomic conditions _xHistory.
651		0	_aBuffalo (N.Y.) _xEconomic conditions _xHistory.
650		7	_aEconomic history. _2fast _0(OCoLC)fst00901974
650		7	_aHistory / United States / 20th Century. _2bisacsh
650		7	_aBusiness & Economics / Economic History. _2bisacsh
650		7	_aHistory / United States / State & Local / Middle Atlantic (DC, DE, MD, NJ, NY, PA) _2bisacsh
655		7	_aHistory. _2fast _0(OCoLC)fst01411628
655		7	_aElectronic books. _2local
710	2		_aProject Muse. _edistributor
830		0	_aBook collections on Project MUSE.
856	4	0	_zFull text available: _uhttps://muse.jhu.edu/book/101950/
999			_c235587 _d235586