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Long-Range Public Investment: The Forgotten Legacy of the New Deal (Social Problems and Social Issues (Univ of South Carolina))

In this comprehensive survey combining architectural and social policy studies, Robert D. Leighninger Jr. reappraises the enduring achievements of public investment during the New Deal era. Leighninger argues that, though these initiatives produced the lasting backbone of the U.S. physical and cultural infrastructure, the value of these long-range investments is now being forgotten. In response Leighninger systematically assesses the schools, housing, bridges, roads, power plants, courthouses, hospitals, museums, stadiums, zoos, parks, and other public facilities built under the auspices of the New Deal. Many of the structures are still in use today.
Although a multitude of studies have focused on specific agencies, Leighninger offers an exhaustive survey of all the building agencies established as part of the New Deal. In addition to reviewing the large- and small-scale objectives of such operations as the Public Works Administration, Civilian Conservation Corps, Works Progress Administration, and Tennessee Valley Authority, Leighninger applies the New Deal experience to current public policy issues. He evaluates the impact of public works on stimulating the economy, the role of public jobs in a national employment policy, the means of financing infrastructure, and the paradox of viewing public works as "pork."
Leighninger concludes that the physical accomplishments of the New Deal have served as the core of the U.S. education, health, recreation, transportation, justice, and civic administration facilities for decades. These findings, he contends, will not only remind current generations of their indebtedness to the New Deal programs but also spark renewed debate about the long-range implications of public works versus pork barrel politics.
Long-Range Public Investment: The Forgotten Legacy of the New Deal is augmented by fifty-eight photographs.

Capping a series of high profile investment deals over the past three months, Times Private Treaties has forged a partnership with Nimbus Communications and through it Nimbus and its associate company, NEO Sports Broadcast. NEO Sports Broadcast owns and operates NEO Cricket, the country’s foremost sports channel and NEO Sports, the premium all sports channel. Nimbus delivers sports, film and general entertainment content to television, film, online and emerging mobile platforms globally. Nimbus' associate company, Neo Sports owns and operates two sports pay channels: Neo Sports and Neo Cricket. The deal follows the footsteps of earlier investment in Percept Pictures.

PRUPIM, the property investment arm of insurer Prudential, has bought three supermarkets occupied by Sainsbury for 125 million pounds for a fund that hedges inflation risk.
The sale and leaseback deal, made for M&G's Secured Property Income Fund, is for Sainsbury's Superstores in Worcester, Truro and Huddersfield, leased for 25 years with rent reviews linked to the retail price index, PRUPIM said on Wednesday. Read more on Reuters

Art today is defined by its relationship to money as never before. Prices of living artists' works have been driven to unprecedented heights, conventional boundaries within the art world have collapsed, and artists now think ever more strategically about how to advance their careers. Artists no longer simply make art, but package, sell, and brand it.
Noah Horowitz exposes the inner workings of the contemporary art market, explaining how this unique economy came to be, how it works, and where it's headed. He takes a unique look at the globalization of the art world and the changing face of the business, offering the clearest analysis yet of how investors speculate in the market and how emerging art forms such as video and installation have been drawn into the commercial sphere.
By carefully examining these developments against the backdrop of the deflation of the contemporary art bubble in 2008, Art of the Deal is a must-read book that demystifies collecting and investing in today's art market.