Tag: world bank

Detroit’s Death Knell? Austerity, Structural Racism, Water Wars

HUFFINGTON POST 11/18/14 By Michael Shank and Peter J. Hammer The post-industrial dystopia emerging on the streets of Detroit may be shocking, but it is not surprising. The crisis results from the convergent forces of fiscal austerity and structural racism in a region defined by its extreme segregation of race, […]

World Bank Needs Jeffrey Sachs

THE HILL 03/01/12 By Michael Shank With Robert Zoellick stepping down from the World Bank helm, there is no better time for a development economist with solid on-the-ground and substantial international experience – like Dr. Jeffrey Sachs – to take his place. There are three clear reasons for this. The […]

Crime and the Economy are Directly Related

FINANCIAL TIMES 09/05/08 By Michael Shank Sir, In an apparent editorial about-face (“Crime and the credit crunch”, September 2), you claim that larger police forces and harsher prison sentences are responsible for lower levels of crime and that the link between economic growth and crime is weak. This is hardly […]