New York Review
Herschel Post, 17 December 1981
The Cost of Good Intentions: New York City and the Liberal Experiment
by Charles Morris.
Norton, 256 pp., £8.95, March 1981,0 393 01339 1 Show More
by Charles Morris.
Norton, 256 pp., £8.95, March 1981,
“... to look at it with a mixture of fascination and discomfort. The near-bankruptcy of the largest self-governing city in the industrialised world was certainly a circus worth watching, and, as many other American cities soon discovered, it could not be watched disinterestedly. The aversion of investors for bonds and notes issued by New York City soon spread ... ”