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Finance

E-Scooters and Paying for Roads

E-Scooters and Paying for Roads

Charging electric scooter companies for their use of public space is sensible, but why stop there? What if car drivers were actually asked to pay the full costs they impose as well?

Investing for a Strong Town

Investing for a Strong Town

Local governments have a moral duty to pursue growth and investment strategies that have no chance of blowing up.

Modern Monetary Theory and Strong Towns

Modern Monetary Theory and Strong Towns

Modern Monetary Theory is growing in populist appeal, but it doesn't address the problems we are struggling to overcome with the Strong Towns movement.

The Paradox of Persistent Vacancies and High Prices

The Paradox of Persistent Vacancies and High Prices

The crazy distortions we see in housing and real estate won't be solved by centralized interventions, be they corporate or government. Only at the local level do we have the nuance to start creating something that works.

What Slasher Films Taught Me About City Financing

What Slasher Films Taught Me About City Financing

The best kind of horror filmmakers, like the best kind of placemakers, find ways not just to survive their budgetary shortcomings, but to make work that is more creative and exciting because of that constraint.

The Economic Implications of More Infrastructure Spending

The Economic Implications of More Infrastructure Spending

In this interview, Chuck Marohn and Russ Roberts, host of the EconTalk podcast, discuss the political appeal of infrastructure spending vs. the economics perspective. They also talk about how to ensure a good return on investment and how to focus on smaller-scale projects.

The Fix Our Infrastructure Fallacy

The Fix Our Infrastructure Fallacy

Our decision during the 2016 election is not about whether or not to build infrastructure as a way to experience growth. No, our decision is about what to maintain and to what extent we will walk away from stuff we built in the past. The easy growth is done and has been for some time.

A Thousand Hidden Subsidies

A Thousand Hidden Subsidies

Does anyone think the folks in the $700,000 suburban homes would be living there in anything like their current circumstances if they had to pave their own roads and pump water up to their own homes? Does anyone believe these homes would be worth $700,000 without the heavily subsidized public infrastructure?

A Real Return on Investment

A Real Return on Investment

This video explains why our cities are going broke in spite of what appears to be so much economic activity and growth.

What clearly makes us richer

What clearly makes us richer

Respected economists know that investing in infrastructure clearly makes us richer. It's obvious. No further discussion needed... Respected economists are wrong.

A rising balloon lifts all fools

A rising balloon lifts all fools

Duncan's approach -- and the bipartisan approach of others who would shower money on our current system -- can only make our fragility problem worse. This thinking scares me.

Pain or death? The view from the balloon

Pain or death? The view from the balloon

If the global economy is like a hot air balloon, we're only given the option to continually go higher -- despite the risk -- or cut all the air and crash. Those options aren't good enough.

Pyramid Data

Pyramid Data

Sometimes the best thing that can come from a project is to have it be a warning beacon for others.