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I think it's important to have fun. How much importance could really exist in NYC or DC if bankers and politicians couldn't go out and find a hooker after snorting a line of coke after an "honest" day's work?
How is fun a major part of the economy? Fun is important in someone's life, but not in the economic importance of a city.
Tourism, restaurant business, nightlife, concerts, festivals, beer gardens, parks (e.g. highline in NYC), 5ks/10ks/15ks. Why do people pay a premium to live in a convenient location in a major city. Close to work, close to what you do for fun, etc. If a city has a lot to offer in the fun category, there is absolutely an impact IMO.
Tourism, restaurant business, nightlife, concerts, festivals, beer gardens, parks (e.g. highline in NYC), 5ks/10ks/15ks. Why do people pay a premium to live in a convenient location in a major city. Close to work, close to what you do for fun, etc. If a city has a lot to offer in the fun category, there is absolutely an impact IMO.
The problem about "fun" is it's totally subjective and the impact is local. Citing bar closing times vs other cities seems a little strange to use as evidence of economic importance, doesn't it?
It also doesn't consider other things which people consider "fun", like museums, orchestras, theaters, etc. The Boston Marathon, and I'm sure that generates a massive economic impact on Boston, but I wouldn't ever say Boston's more economically important due in part to the Boston Marathon.
I think the Bay Area is graduating to the Chicago/DC tier for important cities, so wins hee. Toronto may also be joining this select Group in the near future.
Nothing Against Boston and Philadelphia as they are excellent cities, but they may have to accept two Texas cities into their tier of importance.
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