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High Stakes Battle in Credit War

The latest battle in the ongoing war for the future of financial intermediation is currently unfolding in the high balance mortgage space. As of October 1, the Federal government’s agencies – the...

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THE ECONOMIC EFFECTS OF HYDROFRACTURING ON LOCAL ECONOMIES: A Comparison of...

In 2013, New York's state government will decide whether to permit extraction of natural gas by hydraulic fracturing or, instead, turn its current moratorium into a permanent ban on this technology. In...

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New York: 'A Tale of Two Cities?'

As a campaign strategy, dividing voters into groups of rich elites and exploited workers is neither original nor bold. But the central problem with Bill de Blasio’s “tale of two cities” is that it’s...

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The Rich Don't Care For the Poor? What a Laugh

This article is a response to Daniel Goleman's New York Time's article "Rich People Just Care Less."The old joke goes: "If you can't win on the merits of your argument, attack your opponent." Thus...

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The "Two Cities" Myth

As a campaign strategy, dividing voters into groups of rich elites and exploited workers is neither original nor bold. It has been tried frequently in recent years—most notably, by North Carolina...

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Campaigning is Over, Time to Govern

The electoral victories of Bill DeBlasio in New York and Martin Walsh in Boston have been seen as triumphs for the left. Yet political constraints and the fragile nature of urban economies tightly...

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Cities Need More Innovation, Not Regulation

It is official—Bill de Blasio will be New York City’s first Democratic mayor since David Dinkins stepped down in 1993. What is clear from Tuesday’s overwhelming victory is that New Yorkers want change....

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Forget Black Friday, the Tax Man is Coming

As New Yorkers embark on Black Friday shopping expeditions, their purses and wallets are feeling lighter. Maybe because Governor Cuomo and Mayor Bloomberg have already taken their share.If Mayor-elect...

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De Blasio and the GOP's Shared Goal

What do Mayor de Blasio and the Republican Party have in common? They both need to figure out how to address poverty and underemployment without targeting the rich. Oddly, this means that “progressive”...

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Cornelius Vanderbilt, We Need You Today

Entrepreneurship offers a way out of America’s economic problems. With GDP growth shrinking at a one percent annual rate in the first quarter, what role can entrepreneurs play in ramping up GDP growth...

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Bill de Blasio’s Anti-Uber Scheme is Based on Misinformation

Teaser: Mayor de Blasio blames Manhattan traffic congestion on the growth in ridesharing cars. He argues that it is necessary to artificially limit the impressive growth of ridesharing while the city...

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Let 100 Ubers Bloom

Teaser: Although the battle between New York City officials and Uber has reached a temporary standstill, there is still much to be sorted out. As the city conducts a four-month study on the ridesharing...

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