Blog

The some expenditure details of , northern California, pop. 117,000. Vallejo declared bankruptcy earlier this year after having unsustainably ramped up public spending in response to unsustainable tax revenues stemming from unsustainable property- Read More

Wall Street has been shaken to its foundations, state and city revenues are plummeting, the long term fiscal outlook grows grimmer every week -- and Mayor Bloomberg today announced with a municipal labor union.  The 8,300 members of the Correction Read More

Forecasters at the Centre for Economics and Business Research in London think that securities-industry bonuses there will plummet 60 percent this winter. London bankers reaped the equivalent of $17 billion in bonuses in 2006, the peak year; in New Read More

Governor Paterson went before a congressional committee today to a federal stimulus package to aid financially troubled states--including this pitch for added funding for infrastructure repair: We in New York have many programs involving Read More

On the heels of Governor Paterson's gloomy budget update, state Comptroller Thomas DiNapoli the state's Common Retirement Fund has lost 20 percent of its value since April 1.  That would translate into a drop of $31 billion from the March 31 level Read More

Governor David Paterson is right on the money in calling for "bold and aggressive action to reduce state spending" to deal with the severe and worsening fiscal crisis detailed in today's .  At this point, after months of dire warnings, there's hardl Read More

The city has released on the New York City residential condominium market, while analysts at the private firm Portfolio and Property Research (via and ) have released some projections for the metro-area office-building market. Taken together, the ne Read More

Harvard's Ed Glaeser, also a Manhattan Institute senior fellow, and Wharton's Joseph Gyourko have an (free registration required) of the likely futility of proposed government efforts to stop the slide in housing prices. The profs specifically Read More

Even as states and municipalities face unprecedented capital-markets pressure as they try to issue new debt, Standard and Poor's currenty has no states on ratings-watch negative, or even with a negative outlook. Read More

Subscribe

Sign up to receive updates about Empire Center research, news and events in your email.

CONTACT INFORMATION

Empire Center for Public Policy
30 South Pearl St.
Suite 1210
Albany, NY 12207

Phone: 518-434-3100

General Inquiries: Info@EmpireCenter.org

Press Inquiries: Press@EmpireCenter.org

About

The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

Empire Center Logo Enjoying our work? Sign up for email alerts on our latest news and research.
Together, we can make New York a better place to live and work!