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A Half-Century after New York City’s Fiscal Collapse, the City’s Politicians Have Learned Nothing

Voters in last week‘s Democratic Primary in New York City had to choose between a socialist and a crony capitalist. They chose the socialist. Fifty years ago, establishment politicians drove the city into de facto bankruptcy. A new generation of political elites are doing the same. Full story here Are you the author?
William L. Anderson
William L. Anderson is a Fellow of the Mises Institute and professor of economics at Frostburg State University. He earned his MA in economics from Clemson University and his PhD in economics from Auburn University, where he was a Mises Research Fellow.
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