they are studying the evolution of specialization as they uncover details of ancient economies around the world. in the maya city of copan, a jeweler fashioned rare shell and jade for his powerful lord. in mexico, living artisans echo the economy of a vanished civilization. and in teotihuacan, evidence of mass production has now been unearthed. tiny faces of clay reflect the men and women who made them a thousand years ago. on the other side of the world, in the ancient roman city of ostia, huge merchant ships were part of an economy much like our own. and today, the tanners of morocco still practice their ancient craft, living proof that economies have evolved out of the past. everyone who has ever lived has been part of an economic system. iel bote grande...mil pesos! economic systems are simply the ways people produce, distribute and consume things -- everything and anything, from tortillas to stocks and bonds. for 10,000, 10,000 an eighth. today, as in the past, economic systems lie at the heart of how a society is organized. archaeologists search for these systems because they believe economies hold the key

over the last five years that means the city has reduced what the voters have asked us to give to the schools by 74 million. you know, when the city economy is weak, that is what the trigger was put in for. there's clearly a reason as to why the city had to reduce this -- for the school district. but i think the emphasis behind where the supplemental came from as we ask the school district how are you going to fund these programs going into the future i hope we have a real conversation next year, as our city economy looks better and our city economy grows as to whether we're going to pull the trigger again on prop h. i think that in last year, when we pulled the prop h trigger to me it had made sense because we didn't have a good budgetary forecast of what revenues were coming in. as the month of june was closing it looked more and more optimistic. as we look at the budget picture now i think many of us asked why did we pull the trigger last year and that was the reason why i introduced what i thought was a modest fundamental in the school district. overall regardless of your position i'm excited that we're engaging in a robust discussion

. -- when the push that comes from the old economy. >> yes, just to get it on the tv. the question is -- will the city stand up when the push back comes from the old economy? >> i wish i could represent all city hall. i cannot. but i think that is part of democracy. there's always tensions. always other sites and perspectives we have to arbitrate and here are and figure out where that line is, how we actually negotiate that. that is part of the conversation. i do not think we should unilaterally just listen to whatever the schering economy companies are saying, nor should we do the same for the traditional companies. it is hearing both sides, understanding the different perspectives, a managing the risks, and seeing where as a city our values are and where we should be headed. >> can i add something? i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply re

i think it is off somewhere one of the first cities, i think the only city, and has put together a working group around the sharing economy. we are the epicenter in san francisco. we have a role to help nurture the emerging space. there is a lot of value to be created here. i am really excited to be part of the panel seeing all of these great people next to me. >> the people on the panel are going to tell us about their companies. let's come straight down the line. >> i am a co-founder and ceo of viable, a community marketplace for travel experiences. anybody can offer their services to others as a guide, offering touristrs, sailing ships, cookig class. we have enabled terrorism -- tourism to access parts of the city it had never before accessed. restoring murals for example. we launched in 2011. we have been going for about a year. we're proud to be launched in san francisco and growing the platform here. >> i am the founder of a company called task rabbit, an online marketplace for people to outsource jobs to others. if you need dry cleaning pickup or groceries delivered, you can post that job. one of our over 1000 acti

the city's economic development? what would you like to change about the approach to developing the economy? a city, i do not think we have been good at creating jobs and economic development. there are things we can do to make life easier for businesses. businesses are the lifeblood of our economy. over the past few years, i have helped to eliminate dozens of fees that have been nickeling our small businesses to death. i have been pushing for more stimulus from city contracts. in the past, those would be awarded mostly to non-san francisco businesses. san francisco needs to do a better job of cultivating business innovation. we need to be the city that competes with silicon valley to attract clean tech, biotech companies. we can do a better job of nurturing creative industries. we need to create a better economy for our local artists. this is a city that has many thousands of small businesses. as someone who used to run a small business, the city can do a much better job of nurturing that sector. that is part of the life blood of who we are as san franciscans. >> we could do better. are we o

tell us what existing city initiatives -- you know, this -- the schering economy working group will interface with or connect with, and how does it fit in with existing strategic goals and plans of the city? >> i think our director of environment in our city has issued a goal for 2020, being mission -- emission free, carbon neutral. that is something that when you think about the economic impact of these new business models, it can contribute quite greatly to that. i am going to answer the question a little bit differently -- i have been inspired by this space considerably. there's a lot more opportunity. cars, so many assets we have in our society. as a city, we own buildings, cubicles, museums, golf courses, so much that we have -- >> yes, but it is our property, right? >> yes. that is a very good point. stewards of these resources, and they are often underutilized resources, so how do we improve access to those? there is a lot to learn from this that could be applied to the public comments. >> thank you. let's open it up. do we have a microphone for people to come to? ok, we will just it o

we're all part of the initial group of policymakers at city hall who want to hear news views and ideas on the new collaborative economy. we're interested in it because it has aspects that have piqued our interest, about hoour environment, how to improve life for more people, how to make an expensive city more affordable to more people, how to utilize the strengths of the city as a great tourist city. how we can get more folks to come and experience the wonders of the city. maybe they will make their stake here. these panel members have decided to make their stake here. they risked reputation, may be small amounts of money. if they had a lot of money, they may not have had to start this. they have also done it for the right reasons. they want to experience the city in a different way, but one that is in the tradition of san francisco and is reflective of mine, welcoming more people to share in the economy. hopefully the right reasons will create more jobs and get more entrepreneurs involved. i have often said this can be the city for the 100%. everybody can have a chance to fulfill their dreams and make sure they can h

invitation has caused over 125 companies to locate in our city, creating thousands of more jobs, creating an environment that will be welcoming of the new economy, technology, and innovation to reinforce what we have been saying. we are the innovation capital of the world. with your help and involvement. we would like to have the rest of the city picked up and be part of it as well. we think we can have that conversation. we will need your help. we will need you to represent the new industry. these companies are here to keep the dialogue and collaboration at a high-level going with us. it is the ongoing dialogue like the one we are reading about a new tax structure for the city that does not punish the inventiveness we want to have. i would like to open with that introduction, welcome all of you here. i think he will see and hear an exciting introduction of these new companies. they're going to raise questions we do not have the answers to yet, but i do believe we have the spirit in this city to welcome solutions with your involvement. we will have the ability to do this on line as well is in these forums. i will be part of the ongoing discussi

the city is home to roughly 250,000 people, a major port and the world's largest naval base. it is of critical importance to our national security. nearly 45% of the city's economytied to defense spending. and in response to sea level rise, the navy has been replacing 14 piers at a cost of $35 million to $40 million apiece. >> sea level here is coming up for lots of reasons. there is no reason for it to go down. it just keeps coming up. >> reporter: larry atkinson heads the climate change and sea level rise institute at old dominion university. >> there is anecdotal evidence and there is real evidence that we have from the tide gauges we have. we can measure this. the science is simple. >> reporter: atkinson is part of a team of scientists the state of virginia has hired to study flooding. an early draft of the bill in the state assembly that funded the study drew criticism from some conservatives. the virginia tea party described the study on its website as: "more wasted tax dollars for more ridiculous studies designed to separate us from our money and control all land and water use." the final bill avoided the phrases sea level rise and climate change and won

the local economy. we believe we are addressing key issues in our city. i am very proud to be your. we chose to launch in san francisco. we felt this was the place to join the sharing revolution. we have about 10,000 cars signed up across the country. we are available in four markets. we're lucky to have the backing from the community. a little bit about how it works, you can sign up on your smartphone right now. as a car owner, you would go to the website and list the car you want to share. you have complete control over who you want to share it with. he will get requests. you can decide if it is convenient to share at that time. you can choose just to share with friends or neighbors. we provide the insurance during the rental. it is completely covered. there is nothing to worry about. we were pro-active in drafting the public policy to be innovative by launching a campaign to address this at the state level in 2010. we got a law passed in california that is continuing to go to new states. we are excited about that. we're launching more cities. you will see this in more areas. the n

in human history london is now one of the three command centers of the global economy that wouldn't have been possible without the city of london germany's a much more powerful economy than the british economy but they haven't got any pockets of undemocratic nepotistic rule which is untouched by the german government lord glasman morris glassman you know has long argued for for the rest of london the whole of london to be incorporated the city of london has always resisted expansion to allow the rest of london to be part of it so we right now and people living in london are actually living in the city of london you call the city of an . some corporation and undemocratic pocket within london as a whole other any of the borrowers in the u.k. that are this similar type of exception to the general rule you know there's nothing like the corporation of london i don't think anywhere in the world i mean there are some anomalies we know of like the vatican and so on but they're very very distinct and we know about them the whole point of the corporation of london is people don't know about it people don't know what it does the

the city's economic development? are we on the right track? what would you like to change about the city's approach to developing economies? >> in the chair of the land use committee this year, and i was vice chair last year with our former chair from the bayview hunters point area. i guess i approach land use and economic development from a different perspective. i'm not against development, but i want it to be equitable so we look at the lowest income populations or even middle income populations so that residents have a strong say as development moves forward, whether it is the park ridge said development in the southern, western part of the city or even treasure island with there's many low-income families that currently live there. but it is a strong voice for the residents that currently are there. we also want to see new people moving into the city, and hopefully, we focus also on families and housing that provides better homes and home opportunities for families, but i always say that i support equitable development. i also do feel that big business and downtown interests usually dominate the discussion on developme

the atlantic. "s "u. ." >> u.s. cities are the great strength of the america economy's comeback. at studies, cities are a key part of our productivity and innovation advantage. we have clearly lagged at frastructure spending and we need to spend $2 trillion to get it up to par. one of the things that's so important with having ken on. in his critical book at systemic crises and how these play out. we found in looking at his work in an urban context is the key to recovery. is not just government spending, it's not just a keynesian demand side spending. it powered the recovery from the graest crisis from the last 19th century by building the and powering the recovery from the great depression by building the suburban interstate highway netwo network. with cities being the key and density, we've got to invest in public transit, high-speed rail. reset our economy by investing in infrastructure in our cities for a new round of growth. >> what a great introduction to ken who is back with us. you're in this discussion because you have said all of these things, you say infrastructure is k

as you know i emphasized job creation in the city being so incredibly important for both the present and the future, and as our economyontinues to sign signs of improvement i'm not going to forget where the jobs go and for the people in terms of hope for the city and of course working with laborers, with our construction contractors, with the labor council. tim is here together as well and mike and working with everybody we have unprecedented announcement today and 100% locally financed project close to $500 million of private investment signifying that they wish to on their volition to be working with the city to hire 25% of their construction work force with san francisco residents. [applause] this is a wonderful, wonderful day. and that as part of that percent goal they are opening up themselves to working with us in an enforceable obligation on this label. rick is here representing for the golden state warriors and at the same time within this goal too we're going to accommodate returning veterans from our war and pllt to be part of this effort too -- [applause] >> yes. and for me it really means putting the word

the underlying economy. the worry is that reverse it is we go over the cliff. talk to us about real estate and housing. you're so uniquely qualified to talk about this in so many different cities. >> you look at housing and it's the bright spot of the economy. i think it's going to help propel our economy back. miami, for example, one of the first to go down deeply along with las vegas. we operate in both of these cities. prices are up in las vegas now 7%. and miami, 8%. so you're seeing tremendous upside in housing. >> these are some of the areas that really plummeted. >> yes. >> yes. so they're coming back? >> yes. >> low bases. >> but in san francisco is coming back as well. miami roared back. miami's inventory is lower than it was at its peak. the price increases are happening more prrapidly than t last peak in '06. >> fascinating. how important is this for the overall economy that you're seeing these hot spots of real gop development and bursts of economy in certain cities. >> one, of course, the inventory shrink and prices increase, greater demand for any construction. most america's networks are tied up into their homes and their net worth has gone up so they're optimis

for yet another twenty four hour standstill as people protest against growing cuts on the city to breaking economy the details are just ahead. and sold ready for blastoff three spacemen through the film farewell to the families so you're up for a five month trip to the start the latest addition to the space station team set lift off from kazakhstan as we'll show you shortly here and i'll take. the sun rises over what seems like and most forest here in new directions crime hundred kilometers north of light of all stalk as in much of the world it's disappearing at a catastrophic rate. mortgages both illegal and those finding ways to outsmart the system for filing down the forests of the region for them profit goes well beyond the future of our planet and the result could be an ecological crisis we are on the hunt for illegal loggers and it's not going to be easy to forests. and our chances are slim now for now we can stay in our dream but as soon as we find quality tracks we'll have to drop our wheels and get out silently in order not to scare the loggers off. xander someone in ca has been a ranger

our innovative green building policies ensure while the city's population and economy continue to growe decreasing our carbon emissions and achieve a sustainable environment. for instance this requires all new buildings designed to meet the gas reduction goals. that means more than 6 million square feet of commercial space and 11,000 housing units all in the development pipeline have been designed using these principles. [applause] in fact san francisco was recently recognized by the world green building council as having the greenest building policy by any local level in the year 2011 and we just began implementing our existing commercial energy performance ordinance which helps private property owners lower energy use. through san francisco's program green sf we are making it easier for property owners to secure financing for green building upgrades and as can you see green buildings has become the standard rather than the exception. for our public libraries to affordable housing units, even to the home of our world series giants and their structure our buildings are achieving lead c

the city and overall, good compared to its rival. consumer reports says testing found the mileage much lower. >> 35 miles per gallon city, 41 highway, 39 overall. good fuel economyut far short of the 47 mpg that ford is claiming. >> ford contends it has heard from some of its drivers of the fusion they've gotten more than 47 miles per gallon. ford says driving styles and other factors can cause mileage to vary. >>> we are following break brag news from japan. powerful aftershocks -- following a 7.3 quake. video continuing to come in. >>> arizona's tough on illegal immigration sheriff appears on one of the nation's most immigrant-friendly cities. we are live with sheriff joe arpaio and san francisco's unwelcome. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. >>> i'm kristen sze.

from facebook and twitter and may e-- mayor green what does the mayor proposes props do to promote a diversified economy in san francisco so the city is not simply high paid, high finance or tech jobs and low wage servants and will the mayor crash the real estate market to make san francisco afford. again to elaborate on this the 2010 sentences showed low increase household and upper increase households finds one findings done by ted ebegans from the controllers office the economist wrote that the comiebts that create a job distribution are in the local serving sector of the economy which has largely declined in recent years and what is your plan to create wage jobs in industries to prevent the city's work class from being displaced for the newer upper increase jobs and the high-tech jobs financial and provision service cities? >>> thank you supervisor and i'm glad to here and i join you in the effort of using social media to community with our constituent. >> let me start by saying that we have come off of the worst economic downturn when i took office last year the unemployment rate was 9.6%. that has now changed to eight% since

the new shipping complex behind me in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could push prices past $2500 an ounce. "buy it, keep it, buy 24-carat gold, put it in a locker, and when you need money, turn around and sell it and make good money on it." > > and come to umreth to do it. "yes, come to my shop!" reporting from india, paul eggers, first business news. the indian government tightly regulates the gold market by testing jewelery for quality. chokesee believes this is a positive, because it helps protect customers from low- quality pieces. an overwhelming number of parents in the u.s. believe their children are growing up without learning valuable life skills such as how to manage their money. as many as 7 out of 10 parents expect these lessons to be taught in public school. nathaniel and stacey didomenico's young daughter, arianna, is more ahead of the game than she realizes. "we've already started with our daughter. there are things she wants at the store a