A longtime political operative in the city of Newark who happens to be something of a technical ace in a university economics department as well, O'Flaherty adopted a well-understood model of housing markets and put it to work testing various hypotheses...Thanks to him, the diagnosis [of the causes of homelessness] is increasingly clear. -- David Warsh Boston Globe O'Flaherty has written an important book to explain the rise of the 'new homelessness'...An original and wide-ranging account, written with grace and subtlety. It should be read carefully by any social scientist interested in poverty, housing, or urban policy...A tour de force worthy of study by anyone with an interest in applied microeconomic theory. -- John M. Quigley Journal of Economic Literature [O'Flaherty's] questions are key to any basic analysis of the problem: What is homelessness? Why is it bad? What happened? Why did it happen? What can we do, and what should we do about it?...O'Flaherty's strength is documenting [the] daytime symbols of public poverty. He is mainly interested in the extent to which...single adults--whom he labels, for want of a better word, the colloquial homeless--are affected by housing market and shelter policies. Are they really homeless? Are they inherently lazy? His findings are surprising. -- Elaine S. Abelson Journal of Urban HistoryReseña del editor:
A full-scale economic analysis of homelessness, this text offers answers in terms of markets, not the bad habits or pathology of individuals. Focusing on six cities (New York, Newark, Chicago, Toronto, London and Hamburg), it discusses the new homelessness as a response to changes in the housing market that are linked to the shrinking of the middle class.
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