From the Downsizing Blog
Is Amtrak Guilty of Securities Fraud?
A press release issued by Amtrak last week would, if it were published by publicly traded firm, be a violation of securities laws and regulations
Wealth Tax Revenues
Presidential candidates Bernie Sanders and Elizabeth Warren have each proposed an annual wealth tax on the richest Americans.
Streetcar Named Quagmire
In a recent study, I explored how federal subsidies induce state and local governments to spend on wasteful projects. Case in point: a new “streetcar named quagmire” in St. Louis.
Government Assets Fall Apart
A recent New York Times article described the wretched management of New York City’s public housing.
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