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by jtsnow 2935 days ago
Yes, the Strong Towns organization has a unique perspective on this. They make a convincing argument that local governments in the U.S. are trapped in a "growth Ponzi scheme." [1] Without continuous growth, most of them will never cover their liabilities. Strong Towns also provides interesting insights on how to avoid and correct this pattern.

[1] https://www.strongtowns.org/the-growth-ponzi-scheme/

1 comments

I like the Strong Towns ideas, I wish they could present them in a less activist sort of way sometimes. It is perhaps the author's of the various article's history that leaks through but often times when reading their stuff I feel like I'm being talked down to and I think that blunts their otherwise useful information.