Why Do Cities Survive & Companies Die?

Why Do Cities Survive & Companies Die?
AP Photo/Ronald Zak

Vienna, Austria is one of my favorite cities on the planet. I spent an entire summer living and studying there in college. It was one of the best experiences of my life.

Our classrooms were located in the City Center right across the street from the Vienna State Opera House. It's a stunning piece of architecture. I attended a liberal arts school so we were required to take a music course so I took an opera appreciation class while I was there. It was my favorite class I took in college.

Not only did we attend a number of operas for this class but we also were given a tour of this structure. The building dates back to the mid-19th century. Towards the end of World War II, the opera house was bombed accidentally by the allied forces. Something like 2,000 bombs were dropped on the city, killing tens of thousands of people and destroying tens of thousands of buildings and homes.

The opera house was not spared from the damage. The stage was completely destroyed and the rest of the building decimated by an ensuing fire.

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes