Will Silicon Alley Be The Next Silicon Valley?
by Liberty Street Economics
– This article authored by Jason Bram and Matthew Ploenzke
For at least the past few decades, New York City’s economy, both its booms and busts, have been driven primarily by the finance sector, or more specifically the securities industry (a.k.a. Wall Street). In contrast, the city’s current economic boom – one of the strongest on record – has seen virtually no job growth on Wall Street.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201507110608
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