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A Development Guru’s New Take on Detroit: Optimism

Detroit's emerging startup scene is enough to make even an economic development guru pivot his position on the city's future. New Republic's Alec MacGillis, who's been watching the gurus closely, prefers the term "flip-flop" for Richard Florida's readjustment. Florida, a University of Toronto professor, Atlantic senior editor, and author of "Rise of the Creative Class," has been opining for years about Detroit's circumstances. Last week, Florida told CNN that anyone who's been paying attention to Detroit wasn't surprised by the bankruptcy filing. But he said it hit right when the city is finally ready to make a comeback.   More