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My in today's New York Post gives Governor Paterson credit for his continuing "straight talk" on budget issues.   As for the , on the other hand: Unfortunately, for all the doomsday headlines and special-interest caterwauling Read More

India's current plight shows why it's not a good idea for any local or state government in America to think it can depend on private-public partnerships to fund its infrastructure construction projects once it's out of municipal-borrowing capacity (o Read More

Governor Paterson will propose a mid-year cut in state aid to public schools as part of a $2 billion budget reduction package to be released tomorrow. Here's a chart that provides some perspective on the budgetary debate ahead: [caption id="at Read More

The “people’s right to know” is a hollow concept when government can withhold vital information until it is too late for the people’s voice to be heard. Read More

The Wall Street Journal has run my op-ed on the risks New York City faces in its approach to fiscal and economic problems. The thesis is that the city's main economic engine -- Wall Street and the financial-services industry -- cold be at th Read More

Yesterday, another New York art auction went , with a Christie's sale bringing in $146.7 million against a "low" estimate of $240.7 million. "Of the 82 works for sale, 36, or more than 40 percent, of the auction went unsold," the Times repo Read More