Tag Archives: Scranton

This is republished content originally hosted on the Mercatus’ Center former blog, Neighborhood Effects. You’d think that eight years after the financial crisis, cities would have recovered. Instead, declining tax revenues following the economic downturn paired with growing liabilities have slowed recovery. Some cities exacerbated their situations with poor policy choices. Much could be learnedContinue reading “Eight years after the financial crisis: lessons from the most fiscally distressed cities”