• 📜 Economic Theory of Bureaucracy: Niskanen vs. Mises #374
    Apr 3 2025

    This academic paper from the Quarterly Journal of Austrian Economics analyzes the economic theory of bureaucracy by comparing the perspectives of William Niskanen from the Public Choice School and Ludwig von Mises from the Austrian School. Carnis, the author, outlines the differing reasons these economists give for the existence of bureaucracy, with Niskanen pointing to market failures and Mises emphasizing government intervention. The article explores their contrasting views on the dynamics of bureaucratic expansion, Niskanen focusing on organizational factors and Mises on institutional ones tied to the impossibility of economic calculation. Ultimately, the paper highlights the irreconcilable differences in their proposed solutions for mitigating the disadvantages of bureaucracy, with Niskanen advocating for market-based incentives within the system and Mises calling for the fundamental reduction of government intervention and a restoration of free markets.

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    11 mins
  • 🏘️ Advanced Missing Middle Housing Solutions #394
    Apr 3 2025

    The provided text is a transcript from a YouTube lecture by Dan Parolek, an urban designer, architect, and author known for championing “missing middle housing.” Hosted by Ellen Dunham-Jones at Georgia Tech, the lecture introduces TSW, an urban design-focused firm, and then features Parolek discussing innovative housing solutions to address affordability and create walkable urbanism. He presents case studies of his firm Opticos Design’s work, including car-free communities, re-imagined multi-family housing, and public sector zoning reforms aimed at enabling a greater variety of housing types at a human scale. Parolek emphasizes the importance of design thinking, community engagement, and policy changes to combat the housing crisis and promote equitable and sustainable development.

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    20 mins
  • 🏘️ City Financial Resilience #393
    Apr 3 2025

    Strong Towns argues that financially resilient communities require local governments to operate with revenues meeting expenses over time, similar to a business. This involves considering the long-term costs of infrastructure and ensuring sufficient private wealth generation to fund them. The article highlights examples and concerns related to achieving this, such as incentivizing development in areas with existing infrastructure and recognizing that not all public amenities directly generate revenue. Furthermore, state-level restrictions on local revenue generation can hinder a city’s financial stability and create dependence on higher levels of government. Ultimately, the piece advocates for a shift in perspective towards building strong, financially independent cities and towns through informed policy and community engagement.

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    11 mins
  • 🏘️ It's All Local Now: Community Action After Elections #392
    Apr 3 2025

    The provided text, an excerpt from “It’s All Local Now” by Charles Marohn, argues that regardless of national election outcomes, individuals possess significant power to effect positive change within their own communities. Marohn, the founder of Strong Towns, advocates for a shift in focus towards local action, emphasizing that efforts to strengthen one’s own town or neighborhood have a direct and tangible impact. He contends that this local engagement is often more influential than national-level politics. The Strong Towns movement supports this bottom-up approach, connecting people to collectively build more prosperous and resilient communities nationwide. Ultimately, the piece encourages readers to actively participate in their local areas to create meaningful improvements.

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    8 mins
  • 📔 America's Unproductive Growth: A Ponzi Scheme #391
    Apr 3 2025

    This article, “America’s Growth Ponzi Scheme,” argues that post-World War II North American development patterns constitute an unsustainable financial model. The author contends that suburban sprawl, driven by government policies and debt, generates short-term revenue while creating long-term infrastructure liabilities. This system necessitates continuous growth to cover escalating costs, resembling a Ponzi scheme. The piece asserts that this unproductive growth has left cities with massive unfunded obligations and creates an illusion of prosperity. The author, Charles Marohn of Strong Towns, proposes a new model for local financial resilience.

    https://www.strongtowns.org/ #strongtowns #thinkandactlocally

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    14 mins
  • 📉 The Predicament of Financially Unsustainable Cities #390
    Apr 3 2025

    This article from Strong Towns examines the financial struggles faced by typical American cities, using Lafayette, Louisiana, as a case study. Through a detailed analysis of revenue and expenses, the piece reveals that many cities have accumulated unsustainable infrastructure liabilities exceeding their tax base. This predicament, termed the “Growth Ponzi Scheme,” stems from a development pattern prioritizing rapid expansion and immediate revenue over long-term maintenance costs. The author argues that this model has led to a situation where infrastructure burdens outweigh the wealth it generates, suggesting a need for a fundamental shift in urban growth strategies.

    https://www.strongtowns.org/

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    6 mins
  • 🎂 No Agenda News: Musk, Booker, and Memes - April 2, 2025 #389
    Apr 3 2025

    This newsletter from John C. Dvorak & Adam Curry’s “No Agenda” discusses several current events slated for their upcoming show on April 2, 2025. Topics mentioned include Elon Musk’s potential scaling back from DOGE after failing to influence a Wisconsin election, and Cory Booker’s record-breaking Senate speech which allegedly involved using a catheter. The newsletter also celebrates John’s birthday and encourages listeners to support their independent media show through various donation methods, emphasizing their freedom from corporate or advertiser influence. Additionally, it teases memes of the week and a segment on a “Hypocrite of the Week.”

    https://www.noagendashow.net/

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    https://open.spotify.com/show/601vtPzxdHl82EM42Hsulf?si=05017b5b0ace4edc

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    7 mins
  • 📜 Bureaucracy #373
    Apr 2 2025

    Ludwig von Mises’s 1944 work, Bureaucracy, critically examines the fundamental conflict between individual liberty and the encroaching power of the socialist state, arguing that the rise of bureaucracy is intrinsically linked to the decline of free markets and private initiative. Mises contends that bureaucratic management, characterized by adherence to rigid rules and the absence of profit-based calculation, inherently differs from and is less efficient than profit-driven enterprise. He explores how the expansion of government intervention, even in democratic societies, leads to bureaucratization, stifles innovation, and ultimately threatens individual freedoms. The book contrasts the dynamism of capitalism, driven by consumer sovereignty and economic calculation, with the stagnation and potential for totalitarianism inherent in bureaucratic systems, emphasizing the irreconcilable nature of these two approaches to social organization.

    https://mises.org/begin

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    16 mins