Monday, February 04, 2008

New York Magazine Chews Over the Recession

I generally disdain New York magazine exactly because it's such a craven sop to the hedge-fund trust-fund New York, but, perhaps because as an institution it is so obsessed with money, it treats money and class quite thoughtfully when it sets out to treat them explicitly instead of just laying out pages and pages of $400 v-neck sweaters.

This article is a particularly nice one, about the economic boom's effect on the character of the city. The thought is that perhaps the recession might bring back a bit of the New York we used to know.

This article comes at essentially the same subject in a more macro fashion--an economic & political analysis of what has happened in New York as the lid has blown off the top of the stock market, and then again what may happen as it corrects.

Both are worth reading (certainly for New Yorkers).

2 comments:

michelle said...

Thanks for posting - I'll definitely be reading these. And I agree with you about the NYT Mag and actually, the NYT in general.

PiggyBankBlues said...

i saw that article, because um (clearing throat) i subscribe to new york magazine. okay, fine, i also subscribe to vanity fair. i spend a lot of time in the bathroom...

if a recession will bring back a little of old gritty nyc, i say bring it on. okay, not really, i'm not advocating the working poor to get poorer, but it would be nice if the developers stopped overdeveloping...