Jacobs, Jane. Cities and the Wealth of Nations.
1984
New York: Random House, Inc., 1984. In it, she writes of the Boston’s economic stagnation the first half of the 20th century, “The old textile, shoe, and railroad fortunes were tied up in routinely invested trusts, the city as a whole had become an exporter of capital, not a place in which capital was being put to work productively and diversely.”
Sources
- O'Connell, James C.