The Finances of New York City

The Finances of New York City

Author: Edward Dana Durand

Publisher: Hardpress Publishing

Published: 2012-08

Total Pages: 428

ISBN-13: 9781290814973

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Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.


Fear City

Fear City

Author: Kim Phillips-Fein

Publisher: Macmillan + ORM

Published: 2017-04-18

Total Pages: 302

ISBN-13: 0805095268

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PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.


The Finances of the City of New York (Classic Reprint)

The Finances of the City of New York (Classic Reprint)

Author: Yin Ch'u Ma

Publisher: Forgotten Books

Published: 2016-08-31

Total Pages: 322

ISBN-13: 9781333419561

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Excerpt from The Finances of the City of New York The Finances Of the Empire City Of New York and those Of the Empire Republic Of China have many points of resemblance. For instance, the method of budget-making in New York City, some six years ago, was very similar to the method used in China under the monarchy, which con sisted in granting budgetary appropriations in lump sums, without any definite and clear segregation according to f unc tions and Objects Of expenditure. Again, the debt Of New York City. Has been allowed to grow to its present size of over a billion dollars, without any attempt on the part Of the city Officials, until recently, to keep it in check by intro ducing scientific methods Of administration, just as the na tional debt Of China has been permitted to grow to its pres ent size without any attempt on the part Of the Chinese offi cials to check its growth. In the following monograph I have attempted to make a close study Of the various phases of the financial transactions Of the City Of New York, as re ected in the of actual cash receipts and the of actual cash payments in 1913, and to ex plain how New York City is now financially maintained. Such a study serves to make clear the means by which the city has passed or is passing out Of a financial chaos into a financial system, and affords a valuable lesson for China's benefit. Many Of the scientific methods adopted by New York City in reforming her finances have been adopted by other cities in the United States for reforming theirs. Even the United States Government is now making a special ef. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."