Posts Tagged ‘municipal finance’

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    Naming the Weather

    Feb 9, 12 • 344 Views • No Comments

    BMW had to apologize for bad weather.  It all began when their advertising agency decided to buy naming rights to a high-pressure area. Like hurricanes are named alphabetically in the U.S., high- and low-pressure weather areas that approach Central Europe......  [read more]

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    California and Greece

    Oct 2, 11 • 356 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 • 406 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 • 338 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 • 387 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]