PolicyGuy

Tuesday, January 27, 2004


Creative Finance for Local Governments
Budget shortfalls are never enjoyable for government officials, but they have an upside: they force people to find creative ways to raise income and lower expenses. Some cities in Michigan are considering adding advertisements to city owned property, such as water towers, selling excess capacity in sewer systems, pooling resources with nearby communities, and other measures.

"Justice Louis D. Brandeis'?s metaphor of the states as "laboratories" for policy experiments ... had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. .... To this day, it continues to inhibit a truly experimental, federalist politics." -- Michael S. Greve

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