Posts tagged Growth Ponzi Scheme
Shreveport's Highway Emperors’ New Clothes

Deeply held beliefs, supported by flawed assumptions, blind us to realities and facts. The supposed wealth and prosperity generated by cut-through urban highways was always an illusion—but who will dare to point out the obvious truth?

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If It Looks Like a Debt, and It Quacks Like a Debt, Then It Must Be a…Zombie?

Maybe the one good thing you can say about municipal debt is that it’s on the balance sheets. We’re tracking it. But there is another type of future obligation that is like debt…only worse. It comes back again and again, and too many cities aren’t paying attention.

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We Need Growth. But Only If It Generates Real Wealth.

We’ve been living for decades on the urban economic equivalent of anabolic steroids: it’s time for some good old-fashioned diet and exercise. The key is to reorient the way we approach growth. Instead of thinning out our cities and taking on more infrastructure liabilities, we need to wring real value out of the places we’ve already built.

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If Strong Towns Is Right and Cities Are Insolvent, Why Do So Many Seem to Be Doing So Well?

The unproductive use of infrastructure has put most cities, even those that are superficially prosperous, in a position where they won’t be able to afford to maintain what they’ve built. The signs of this crisis are everywhere—if you’re willing to look.

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Overpaving Roads and Overeating Ice Cream

How much road does your city have—and how much does it actually have the money to maintain? We compare “calories in” to “calories out” before we binge on ice cream; what if we took the same approach to our infrastructure budgets? One city did, and here’s what they found out.

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