Academic

JOHN STOSSEL: Politicians Smother Cities. ?Why do some cities thrive while others decay? One reaso?

By Glenn Reynolds

JOHN STOSSEL: Politicians Smother Cities. “Why do some cities thrive while others decay? One reason is that some politicians smother their cities with the unintended consequences of their grand visions, while others have the good sense to limit government power. . . . But the politicians haven’t learned. They still think government is the key to revitalization. While Indianapolis privatized services, Cleveland prefers state capitalism. It owns and operates a big grocery store, the West Side Market. Typical of government, it’s open only four days a week, and two of those days it closes at 4 p.m. The city doesn’t maintain the market very well. Despite those cost savings, the city manages to lose money running the market. It also loses money running golf courses.”

Full post as published by Instapundit.com on March 19, 2010 (boomark / email).