Liz Farmer, Governing Magazine

Is Bankruptcy's Stigma Fading?

There's a growing sense among some leaders that municipal bankruptcy -- unthinkable just a few years ago -- may be a valuable tool.

  full article

Recent Other Voices

Sports Pork - Skip Sauer, Sports Economist

Taxpayers will subsidize the new Atlanta Falcons stadium to the tune of $554 million.  The...

Economic Limits of Creative Class - Joel Kotkin, Daily Beast

The benefits of appealing to the creative class accrue largely to its members—and do little...

The America That Works - The Economist

Beyond the District of Columbia, the rest of the country is starting to tackle some of its deeper...

Confiscation in Cyprus - Caroline Baum, Bloomberg

Depositors aren't being asked to cough up additional money to meet a tax liability. To the...