Month: March, 2005

Wolfowitz unanimously elected World Bank head

31 March, 2005 (16:00) | Uncategorized |

Paul Wolfowitz has been elected unanimously:
 
As expected, the 24 executive directors of the World Bank unanimously voted Thursday to elect Paul Wolfowitz president.
 

 
This follows a week of intensive personal diplomacy, including encouraging statements such as these:
 
“I understand that I am, to put it mildly, a controversial figure,” he said. “But I hope that, as […]

Urban taxation: Ready, fire, aim

31 March, 2005 (09:32) | Uncategorized |

 “All politics is local politics.” 
— Thomas P. (Tip) O’Neill, who knew a thing or two
 
What makes a city work?  How much tax will the market bear?
 
In a spectacularly delicious irony of juxtaposition, the Boston Globe recently ran, on the same day, two stories of state-capital cities going in opposite directions:
 
Boston: risking driving people away […]

Untying assistance from tenure choice

30 March, 2005 (09:46) | Uncategorized |

Should housing assistance be linked to particular tenures?  What if the assistance can be better deployed in another tenure? 
 
In the US, rental subsidies fund rental housing, and homeownership subsidies fund homeownership, and never the tenure twain shall meet.  Is this wisdom, habit, or mere prejudice repeated to the level of received wisdom?
 
Section 8 vouchers, […]

World Bank: You read it here ‘first’

29 March, 2005 (14:17) | Uncategorized |

“We are what we pretend to be, so we must be careful about what we pretend to be.”
– Kurt Vonnegut, introduction to Mother Night (1961)
 
Paul Wolfowitz will make a great World Bank president.
 

“Who, me?”
 
Not bad.  Not good.  Great.  When he steps down in 2010 (or so), he will be so judged.
 
Ever since Wolfowitz’s nomination experienced […]

The property market’s topped out … or has it?

28 March, 2005 (09:25) | Uncategorized |

Does this graph scare you?
 
 

More to the point, should it?
 

Send post as PDF to