State and Local Governments

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Vanity Fair: California and Bust

Author: Michael Lewis

The smart money says the U.S. economy will splinter, with some states thriving, some states not, and all eyes are on California as the nightmare scenario. After a hair-raising visit with former governor Arnold Schwarzenegger, who explains why the Golden State has cratered, Michael Lewis goes where the buck literally stops--the local level, where the likes of San Jose mayor Chuck Reed and Vallejo fire chief Paige Meyer are trying to avert even worse catastrophes and rethink what it means to be a society.

See more in United States; Financial Crises; State and Local Governments

Primary Sources Author: Ron Paul

Ron Paul released this "Economic Plan to Restore Nevada" on February 2, 2012. The press release states,

"The plan helps Nevada residents, workers, retirees, debtors, home buyers, homeowners including those facing foreclosure, job-creators like the tourism industry, federal land ownership victims, and other stakeholders renew the Silver State's economy and sovereignty after decades of disastrous Washington interference.

The five key elements of the 'Plan to Restore Nevada' include:

1. Restoring Nevada's Job Market
2. Restoring the Housing Market
3. Restoring Tipped-Worker Wages
4. Restoring a Common Sense Visa System
5. Giving Nevada Back To Nevadans."

See more in United States; Financial Crises; State and Local Governments

Transcript Speaker: Paul Romer
Presider: Sebastian Mallaby

Economist Paul Romer describes the concept for charter cities as "special reform zones that allow governments to quickly adopt innovative new systems of rules," in order to "create opportunities for millions of people to...lead safer, healthier, and more prosperous lives." Join Romer as he describes both the historical origins of this approach and promising new applications.

See more in State and Local Governments; Economic Development; Global