The Flat White Economy Summary ½ 8

The Flat White Economy

Douglas McWilliams ´ 8 review

Ed on East London has swapped the City’s champagne and supercars lifestyle for bicycles and boho flats and has become the prototype for digital cities around the world including the rest of the Interesting read as brexit is now a reality I was in UK at this time and in the east London where the author believe the digital economy started and not in the city or other places in UK

review The Flat White Economy

A driving force behind this triumph of lifestyle and economics being immigration Leading economist Douglas McWilliams describes how this meteoric success named after its favourite coffee and centr Interesting read although now slightly outdatedEnjoyable from a number of points of view such as someone involved in this specific industry and works in the same circles also as it relates to Brexit It’s a bit in the latter case didn’t read books such as this to gain a greater insight

Read × eBook, ePUB or Kindle PDF ´ Douglas McWilliams

Since the financial collapse the ‘Flat White Economy’ has spawned four times jobs than the City lost in the crisis London is now growing one and a half times faster than Hong Kong as a result McWilliams is a bit unfortunate through being embroiled in personal scandal at the time of this book's release but that shouldn't be allowed to overshadow his work here An insightful analysis of London's transformation into a digital city driven by the rapid growth in East London over the last few years particularly around the Shoreditch area now branded by London's local government as Tech City UK McWilliams calls this The Flat White Economy typified by smart urban hipsters often immigrants from Southern Europe and further afield working in the creative and digital marketing sectors The first part of the book is the most relevant to the layperson interested in innovation and economic development with some great analysis of the key factors driving London's success The second part of the book delving into the economic data and statistics to support McWilliams arguments


10 thoughts on “The Flat White Economy

  1. says:

    I have long been wondering what the actual impact of all these hipsters the backbone of the flat white economy roaming the streets is I am interested from a micro economic perspective focusing on how the person's and companies actually generate value for themselves and society All I got out of this book is that the flat white economy is full of young party goers sharing flats biking a lot and eating Street food I knew this as its uite obviousThe book really feels like it was written from behind a desk by an economic advisor with no real feel for nor understanding of the people or the technology in uestionRather this is a macro economic view of the flat white economy read it if you're into city development or want to advise a city administration on how to be hip Lastly I found the writers use of long uotations of eg UKIPs party programme and reports from his own company Cebr strange and excessive Too much uoting and facts not enough reflection


  2. says:

    A very interesting take on the current impact and future potential of the hip fast modern economy of app development online marketing and sales and related services Detailed data showing just how much London and the UK have benefited from the right talents and opportunities including creativity and diversity coming with immigration relatively cheap accommodation in the east of London plus lots of cool pubs and events for an integrated lifestyle a relatively developed online marketplace in the UKExciting to think of Joburg's own Tshimologong Precinct growing to the same level I've seen some good startup signsOn the other hand this book felt like it needed a serious edit to cut out both repetition and an excess of self aggrandisement by the author


  3. says:

    McWilliams is a bit unfortunate through being embroiled in personal scandal at the time of this book's release but that shouldn't be allowed to overshadow his work here An insightful analysis of London's transformation into a digital city driven by the rapid growth in East London over the last few years particularly around the Shoreditch area now branded by London's local government as Tech City UK McWilliams calls this The Flat White Economy typified by smart urban hipsters often immigrants from Southern Europe and further afield working in the creative and digital marketing sectors The first part of the book is the most relevant to the layperson interested in innovation and economic development with some great analysis of the key factors driving London's success The second part of the book delving into the economic data and statistics to support McWilliams arguments


  4. says:

    Don't usually write reviews but I had to for this as it was just dreadfulThis book is poorly written repetitive and exceptionally badly argued Very little facts are used to back up the authors assertions His central belief that Britain should become a cross between a collection of tax havens and Hong Kong completely fails to take account of the size of our population the welfare system or the size of our military It is also in the position of being too dense for someone not versed in economics but too superficial for someone who isIn summary Avoid at all costsFor better books on Britain's economy read Evan Davis's Made in Britain and for a good book about the economics of technology read Tim Wu's The Master Switch


  5. says:

    The Flat White Economy outlines the digital industry in London and how it is transforming the economy I uite enjoyed the book as it taught me a lot about a topic that I was interested in and helped paint a broad picture of London and the digital world generally There are lots of eye opening factsOn the other hand as some people have pointed out the book can be a bit repetitive often the same point is repeated in consecutive sentences The book seems poorly edited based on the aforementioned observation and the fact that there are many grammatical errors Some may not like the writing style it is written like a business report with lots of statistics thrown in rather than a story which perhaps makes reading it less enjoyable This is probably due to the author's background having worked in an economics consultancyOn the whole though I give the book a positive review as the content was sufficiently engaging I think residents of London among other groups would particularly like the book as it helps them understand how their city has evolved


  6. says:

    Interesting read although now slightly outdatedEnjoyable from a number of points of view such as someone involved in this specific industry and works in the same circles also as it relates to Brexit It’s a bit in the latter case didn’t read books such as this to gain a greater insight


  7. says:

    Really great read as I personally am a Flat Whiter Impressive stats and insightful introduction although does get a bit heavy on the economics in the later chapters which I found harder to get through


  8. says:

    Interesting read as brexit is now a reality I was in UK at this time and in the east London where the author believe the digital economy started and not in the city or other places in UK


  9. says:

    The Flat White Economy is flat white boring The book just states some basic information It does not have any original insight


  10. says:

    It's bigger than you think goes a bit off track on the 3rd uarter of the book but definetly worth a read if you're interested in how the FWE got started in london; how much it's contributing to the UK; and what it means for the future


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