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The costs of staying afloat Bond markets, climate adaptation, and urban inequality

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  • Cox, Savannah

Abstract

On an unseasonably hot afternoon in June 2019, I made my way to downtown Miami, Florida, for a meeting with the Director of the city's Office of Capital Improvements. This individual had only recently joined the ranks of city government after decades of working as an engineer in the US military. Despite the shift in employer, this official viewed his work as fundamentally the same. As he told me, he was still involved in combat, but the adversary he now faced in his work was neither human nor a nation state. Instead, the adversary was climate change, and it was his task to protect the city from it. The only way to do so, he said, was through massive investments in climate adaptive infrastructure.

Suggested Citation

  • Cox, Savannah, 2025. "The costs of staying afloat Bond markets, climate adaptation, and urban inequality," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 26(3), pages 7-13.
    • Handle: RePEc:zbw:econso:321981
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    References listed on IDEAS

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    1. Daniela Gabor, 2021. "The Wall Street Consensus," Development and Change, International Institute of Social Studies, vol. 52(3), pages 429-459, May.
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