Posts tagged municipal finance
Best of 2018: The More We Grow, the Poorer We Become

Local governments can’t take on more and more promises without generating enough wealth to meet those obligations—not without a reckoning. We need a radical revolution in how we plan, manage, and inhabit our cities, counties, and neighborhoods. We need a Strong Towns approach.

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Part 2: Mechanisms of Growth

America’s cultural belief is that growing cities experience not only opportunity and prosperity today, but the growth allows them to experience success far into the future. There is a built-in assumption that new growth pays for itself today and generates enough wealth to sustain itself generation after generation.

These are flawed assumptions.

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