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By Richard Fernandez

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The Human Factor

November 21, 2011 - 9:15 am - by Richard Fernandez
Cowboy
2011-11-21 17:14:28

For those who haven’t heard of The Curley Effect here’s this:

http://www.economics.harvard.edu/faculty/shleifer/files/curley_effect.pdf

It contains an analysis of the disaster that befell Detroit under Coleman Young, one from which it has yet to recover.