As New York City Rebuilds, Business Can Be Part of the Solution

Higher taxes are necessary, but who will have the political courage to make it happen?

Early in September, more than 160 executives from companies like Citigroup, Goldman Sachs, the white-shoe corporate law firm Skadden Arps, and a host of real estate developers and financial firms sent a letter to Mayor Bill de Blasio. They expressed their fear that “deteriorating conditions” in the city might slow ...
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As New York City Rebuilds, Business Can Be Part of the Solution

An Excerpt from Fear City

New York’s Fiscal Crisis And The Rise Of Austerity Politics

Kim Phillips-Fein’s gripping narrative history, Fear City: New York’s Fiscal Crisis And The Rise Of Austerity Politics, has received high praise from a wide ensemble of interested and prominent voices. For instance, James K. Galbraith says: “This revealing narrative of New York’s transformation from working-class social democracy to the glittering home ...
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An Excerpt from Fear City

Rat Race

Why are young professionals crazy for marathons?

Over half a million people finished a full 26.2-mile marathon in 2016; roughly seventeen million ran in a road race of any distance that year. It is nearly impossible, at least among a set of educated professional types, to avoid overhearing discussions of training routines throughout the summer months. Studies confirm that ...
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Rat Race