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Category Archives: Economy
Doubling Down on a Broken Growth Model
I’ve just finished an extraordinary little book. “Thoughts on Building Strong Towns,” that has helped crystallize my thinking on the fiscal trap of the “suburban sprawl” model of growth and development. The author, Charles Marohn, is a Minnesota-based civil engineer, … Continue reading
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Debts and Deficits Do Matter
In a March 10th New York Times column, Nobel Prize-winning economist Paul Krugman wrote, “we do not, repeat do not, face any kind of deficit crisis either now or for years to come.” Citing recent projections from the Congressional Budget Office (CBO), Krugman … Continue reading
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Gross Regional Product Grew in Richmond Area in 2011
(This column first ran in the Richmond Times Dispatch on March 4, 2013.) Gross regional product in the Richmond metro area grew 2.9 percent in 2011, according to newly released figures from the U.S. Bureau of Economic Analysis. That ranks the … Continue reading
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364 Billion Ways the Government Wastes Your Money
As the White House this week politicized the sequester cuts amounting to $85 billion in lower federal spending, a recent GAO (Government Accountability Office) study identified “more than 1,362 duplicative programs accounting for at least $364.5 billion in federal spending every single year…” … Continue reading
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The Intellectual Poverty of Richmond’s Poverty Report
An anti-poverty commission appointed by Richmond Mayor Dwight C. Jones has produced a schizophrenic report recommending how to address poverty in the city. On the one hand, it proffers some common-sense proposals on how to help poor Richmonders find jobs and … Continue reading
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