Tags » Fiscal Policies

Twilight Of The Petrostate

The new generation of the petrostates’ political elite has come to look on oil rent as a means to achieve all its goals. And yet, many experts will call the oil windfall a curse, not a blessing. 48 more words

Politics

How Decentralized Is Your State?

In the U.S., states have full authority over local government. Some states strictly centralize power and leave local government little to do. For instance, Hawaii has a single school district for the entire state, so that different localities cannot choose to spend different amounts on the government schools. 850 more words

Federalism