Saturday, April 21, 2018

Equitable Solution to Urban Decay

When you said goodbye
You were on the run
Tryin' to get away from the things you'd done
Now you're back again
And you're feeling strange
So much has happend, but nothing has changed
--Glenn Frey

How to prevent or reverse accumulative decay in cities? Walter Williams suggests the officials skew provision of city services toward neighborhoods that house the highly productive. Keeping the best and brightest increases the likelihood of 'net positive fiscal residual' necessary to fund city services.

As Prof Williams notes, some people might find this type of discrimination distasteful or unfair.

A far more equitable solution would be to cut back on city services altogether. No public education or libraries. Allow local residents to contract with private providers for services such as street and park upkeep.

Less 'positive fiscal residue' would be required to fund city services. Plus, the highly productive would have greater capacity to shape their urban environments. The positive spillover from productive activity would once again create opportunity in cities for lower income individuals.

No comments: