Fiscal Fright in NYC: A Review of Kim Phillips-Fein’s Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics
Kim Phillips-Fein. Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics. New York: Metropolitan Books, 2017. 417pp. $9.98. (Paperback) Review by Michael R. Glass By 1965, a $255 million gap had opened in the New York City budget. To cover the city’s operating expenses, Mayor Robert F. Wagner Jr. decided to “borrow now, […]
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