Posts Tagged ‘municipal finance’

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    California and Greece

    Oct 2, 11 • 235 Views • No Comments

    It is good to pay fire fighters and police officers generously. It is good not to raise taxes. It is good to give voters what they want and get re-elected. As Michael Lewis describes in Vanity Fair, San Jose, California did everything that was...  [read more]

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    Unaffordable Sports Stadiums

    Jul 13, 11 • 298 Views • No Comments

    The year is 1996. The place is Hamilton County, Ohio. You are standing in a voting booth deciding whether to approve a .5% sales tax increase to help build and maintain 2 new sports stadiums. Although the spending will exceed $500 million, you have been...  [read more]

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    Pay-As-You-Throw

    Jan 19, 11 • 246 Views • No Comments

    Hearing Beethoven’s Fur Elise, a Taiwan resident knows the garbage truck is near. As described by a Washington Post writer, entire neighborhoods assemble with their garbage as the truck approaches. Called pay-as-you-throw (PAYT), through unit-pricing,...  [read more]

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    A Savings Lottery

    Dec 13, 10 • 281 Views • 1 Comment

    Assume you have 3 extra dollars each day. Would you use it for a lottery ticket or a savings account? Most people would select the lottery ticket. Economists, though, hoping to elevate our nation’s savings rate, would like to encourage the banking...  [read more]

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    A Unique Gift Idea

    Dec 10, 10 • 242 Views • No Comments

    Would you like a bus stop named after you? In Chicago, you could do it. The message here is that naming opportunities have been created in order to raise money for municipalities. You could catch a train at an AT&T subway stop in Philadelphia. Or, you...  [read more]