The Way We Gentrify Now
Posted on August 29, 2008
Edward Glaeser reviews Derek Hyra's The New Urban Renewal: The Economic Transformation of Harlem and Bronzeville :The Way We Gentrify Now: Derek Hyra's 'New Urban Renewal', by Edward Glaeser, Book Review, NY Sun: ...For decades, Republicans and Democrats with presidential aspirations have repeatedly made commitments to bring back troubled places, such as Detroit and upstate New York. Local leaders have long justified expensive projects, such as monorails and sports stadiums, with claims that they can bring economic vitality to depressed areas. But ... it is rarely good policy. ... If firms ar...
Original article linkTags:
demand , economic , economy , policies , policy default explanation




Subscribe to Economist's View