Posts Tagged ‘economic development’

City Direct Equity Investments - UGH

City Direct Equity Investments – UGH

By The Banker | Blog Posts, How Not To Invest, Texas

A version of this post appeared in the San Antonio Express News. I read with much interest the story last week of the San Antonio City Council approving a direct investment of $1.75 million in city funds to move three startup medical device manufacturing companies to San Antonio. And by “much interest” I mean the [&hellip

Government as Primary innovator?

Government as Primary innovator?

By The Banker | Audio Posts, Investing, Video

I’ve written passionately about the stultifying, influence-peddling, and depressing results of local governments engaging in ‘Economic Development.’ But the thing I like best in the world** is a smart, contrarian argument that shows how I’ve not considered all sides of an issue. Like this TEDTalk for example. We often easily dismiss the government’s role in [&hellip

Book Review: Cities And The Wealth Of Nations by Jane Jacobs

Book Review: Cities And The Wealth Of Nations by Jane Jacobs

By The Banker | Book Reviews

Jane Jacobs begins her Cities And The Wealth Of Nations with a fundamental critique of mainstream economics.  Cities – and not nations – she argues, are the fundamental wealth producers, and therefore cities – and not nations – should be the basic unit of analysis for economics and finance. From this critique flow original ideas [&hellip

Curt. Shilling.

Curt. Shilling.

By The Banker | Blog Posts

Everything you need to know about local, state, and national governments engaging in ‘Economic Development’ is right here and here, in this story of Curt Schilling. I’m on Cape Cod for two weeks with my family.  On the occasion of my re-entry to Red Sox Nation I thought I’d revisit this story of public investment [&hellip

Pre-K as Cost-Effective Economic Development?

Pre-K as Cost-Effective Economic Development?

By The Banker | Audio Posts, Video

In the past I have complained (and I plan to complain in the future!) about the way in which state and local governments typically encourage local economic growth using tax give-aways (incentives!) for businesses. I appreciated this TEDx talk’s research-driven approach to arguing for a different model, based on investing in Pre-Kindergarten education.  Since my [&hellip