How San Francisco staged a surprising comeback
Forget the controversy. America’s tech capital is building the future
Whenever a global economic transformation takes place, a single city usually drives it forward. Ghent, in modern-day Belgium, was at the core of the burgeoning global wool trade in the 13th century. The first initial public offering took place in Amsterdam in 1602. London was the financial centre of the first wave of globalisation during the 19th century. And today that city is San Francisco.
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This article appeared in the Finance & economics section of the print edition under the headline “Comeback city”
Finance & economics February 17th 2024
- How San Francisco staged a surprising comeback
- Investing in commodities has become nightmarishly difficult
- How the world economy learned to love chaos
- The Ukraine war offers energy arbitrage opportunities
- Is working from home about to spark a financial crisis?
- In defence of a financial instrument that fails to do its job
From the February 17th 2024 edition
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