Urban Policy in an Era of Fiscal Austerity - The 2012 Robert J. Milano Lecture

With the federal debt at $16 trillion, the fate of the nation's cities stands at a crossroads. While cities like New York appear to be doing better than ever, a rising tide of poverty and inequality threatens to undermine their progress. Meanwhile, a large group of second-tier cities, from Detroit and St. Louis to Stockton and San Bernardino, are besieged as never before.

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