How do you bring a once-proud city back to life? In the last 100 years, New Orleans’s natural resources have been sucked out and taken away, and the profit almost entirely taken by outsiders.
The jewel of a city that New Orleans once was became colonized by Big Oil, which deposited wages and warped the local economy while it extracted wealth.
But one person in particular has looked closer. Veteran architect, urban planner, and economic development specialist Greg Delaune sees a better story ahead. He says the banana republic-like economy contains seeds for revival of the Gulf region’s “blue economy” — already worth an annual $3.8 billion and growing fast.… Read the rest “How New Orleans the “banana republic” may thrive again :: There’s a visionary path ahead from a fading oil-based economy to a burgeoning blue economy”