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The Menace of Prosperity: New York City and the Struggle for Economic Development, 1865-1981 Daniel Wortel-London ebook

• Page: 336
• Format: pdf / epub / kindle
• ISBN: 9780226841106
• Publisher: University of Chicago Press

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Overview Upends entrenched thinking about cities, demonstrating how urban economies are defined—or constrained—by the fiscal imagination of policymakers, activists, and residents.   Many local policymakers make decisions based on a deep-seated belief: what’s good for the rich is good for cities. Convinced that local finances depend on attracting wealthy firms and residents, municipal governments lavish public subsidies on their behalf. Whatever form this strategy takes—tax-exempt apartments, corporate...