Posts Tagged ‘Detroit’

  • Detroit Bankruptcy Requires Life Support

    Should Detroit Sell Its Art?

    Apr 11, 14 • 354 Views • No Comments

    During 2009, a still life painted by Henri Matisse was sold at a Christie’s auction for $46 million. The Detroit Institute of Arts owns Poppies, also a Matisse oil on canvas but a bit larger. A municipal bankruptcy like Detroit’s creates so many...  [read more]

  • The Natural Resource Curse: Detroit?

    Jul 19, 13 • 264 Views • No Comments

    Displaying all municipalities that filed for Chapter 9 bankruptcy protection since 2010, this map shows cities, towns and counties in red (8) and utility authorities and other municipalities in black (28). With Detroit’s filing  most recent, this May...  [read more]

  • Henry Ford's Model-T

    Economic Growth: Natural Resource Curse

    May 5, 13 • 290 Views • No Comments

    The natural resource curse can strike in surprising places. But Detroit? When economies blessed with commodity wealth fail to soar, the reason might be the natural resource curse. Single minded focus on one economic sector means unpreparedness when that...  [read more]