In the 19th century, departments of economics were absent in American universities. By 1880-1890, however, every American university had established a faculty of economics, reflecting the rapid societal changes brought by the industrial revolution, the rise of the market economy, international trade, capitalist debates, social change, and labor movements.
Today, we are experiencing a similar rapid transformation due to urbanization, space constraints, and the emergence of AI. This necessitates the creation of urban spaces that are mindfully designed for the benefit of people, aligning with the new, creative life in cities.
Read more