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Managing a Family-Fixed Income Portfolio
As the Dow continues its bumpy ride, many investors are looking for safe investments that will let them sleep at night. Fixed income portfolios can help investors meet their investment goals and avoid the turbulence of today's markets. Managing a Family Fixed Income Portfolio fills a gap in the world of investment literature by providing a serious, analytical understanding of bonds and the bond markets that is accessible to non-specialists. In this exploration of a much-neglected Goldman Sachs Fixed Income Research Strategist Aaron Gurwitz offers a blueprint for mastering fixed income portfolio management for families. The book begins with the basic concepts of bond math, asset allocation, a...
Atlantic Metropolis
This book applies the contents of a working economist’s tool-kit to explain, clearly and intuitively, when and why over the course of four centuries individuals, families, and enterprises decided to locate in or around the lower Hudson River Valley. Collectively those millions of decisions have made New York one of the twenty-first century’s few truly global cities. A recurrent analytic theme of this work is that the ups and downs of New York’s trajectory are best understood in the context of what was happening elsewhere in the broader Atlantic world. Readers will find that the Atlantic perspective viewed through an economic lens goes a long way toward clarifying otherwise quite perplexing historical events and trends.
In Harm's Way
Denny Martel, a young and promising public defender assigned to Los Angeles Central Division Trials, is making a name as an aggressive and unrelenting advocate for his clients. These clients, who cannot afford their own counsel, are assigned to him at random from a mix of unfortunates charged with felonies. The PD office is in the beginning stages of a huge expansion, thanks to the U.S. Supreme Court decision in Gideon v. Wainwright, and the U.S. is fully involved in the Vietnam War. This confluence of circumstances produces an influx of socially evolved and involved recent graduates of top law schools into the public law offices. These young Turks, not least among them Denny, take the times...
Economic Growth and Fiscal Planning in New York
In an era of federal deficits and struggling municipalities, states have emerged as the most significant governmental actors. But state governments face the major challenge of fiscal planning in the midst of economic change. Roy Bahl and William Duncombe tackle this challenge head-on. Using New York as a case study, they identify looming dangers for state revenue and expenditure planning.Bahl and Duncombe begin with the premise that one cannot separate an evaluation of fiscal performance from an evaluation of economic performance. Accordingly, they describe and analyze the patterns of population, employment, and personal income growth. Following this is a study of state and local government ...
The Remnants of War
"War . . . is merely an idea, an institution, like dueling or slavery, that has been grafted onto human existence. It is not a trick of fate, a thunderbolt from hell, a natural calamity, or a desperate plot contrivance dreamed up by some sadistic puppeteer on high. And it seems to me that the institution is in pronounced decline, abandoned as attitudes toward it have changed, roughly following the pattern by which the ancient and formidable institution of slavery became discredited and then mostly obsolete."-from the Introduction War is one of the great themes of human history and now, John Mueller believes, it is clearly declining. Developed nations have generally abandoned it as a way for ...
Reclaiming Capital
Towns without nationally advertised fast-food restaurants often eagerly await the day when the golden arches sprout next door to the local car dealership. But what really happens to a community with the arrival of the uni-burger? Christopher Gunn and Hazel Dayton Gunn demonstrate that perhaps three-quarters of the money a community spends at its burger emporium will leave the area. Poor communities remain poor, they assert, because local capital tends to be drained off to financial centers, corporate accounts, and stockholders' portfolios. In keeping with ecologists' injunction to "think globally and act locally," this imaginative book documents ways in which communities have counteracted co...
Manhattan Projects
Moving beyond the usual good-versus-evil story that pits master-planner Robert Moses against the plucky neighborhood advocate Jane Jacobs, Samuel Zipp sheds new light on the rise and fall of New York's urban renewal in the decades after World War II. Focusing on four iconic "Manhattan projects"--the United Nations building, Stuyvesant Town, Lincoln Center, and the great swaths of public housing in East Harlem--Zipp unearths a host of forgotten stories and characters that flesh out the conventional history of urban renewal. He shows how boosters hoped to make Manhattan the capital of modernity and a symbol of American power, but even as the builders executed their plans, a chorus of critics revealed the dark side of those Cold War visions, attacking urban renewal for perpetuating deindustrialization, racial segregation, and class division; for uprooting thousands, and for implanting a new, alienating cityscape. Cold War-era urban renewal was not merely a failed planning ideal, Zipp concludes, but also a crucial phase in the transformation of New York into both a world city and one mired in urban crisis.
