New Life in Old Cities by Mason Gaffney Robert Schalkenbach Foundation New York Acknowledgments Yisroel Pensack gave lavishly of his time, talent and editorial experience to upgrade and clarify my prose. I am also indebted to Robert Andelson, Clifford Cobb, Richard Biddle, Dick Netzer, Jeffrey Smith, Heather Remoff, Daniel Sullivan, Herbert Barry, William Batt, Nicolaus Tideman, Robert Piper, Robert Fitch, Michael Hudson, Joshua Vincent and Ed O’Donnell for editorial and substantive corrections and additions, most of which I have used. My greatest debt is to Mary M. Cleveland, whose holistic mind and conscientious gentle prodding, reaching across a continent, have guided me to integrate the parts into a coherent whole. I bear sole responsibility for the final product. Mason Gaffney New Life in Old Cities Third Edition Designed by Lindy Davies Paperback ISBN 978-1-952489-01-3 Copyright © 2006, 2014, 2020 Robert Schalkenbach Foundation New York City Tel.: 212-683-6424 www.schalkenbach.org Email:
[email protected] CONTENTS Introduction New York City Reborn, 1920-31 Growth Spurts in Some Other Cities L’Envoi Appendices Bibliography About the Author Mason Gaffney recently retired from active teaching at the University of California, Riverside. Prior to Riverside, he was a Professor of Economics at several Universities, a journalist with TIME, Inc., a researcher with Resources for the Future, Inc., the head of the British Columbia Institute for Economic Policy Analysis, which he founded, and an economic consultant to several businesses and government agencies. His most recent book is The Mason Gaffney Reader: Essays on Solving the Unsolvable. He is also the author of After the Crash: Designing a Depression-Free Economy (2009) and, with Fred Harrison, of The Corruption of Economics (1994) as well as numerous scholarly articles.