Building a local economy versus "economic development": Gambling
Rebuilding Place in Urban Space
JANUARY 7, 2024
One of my complaints in urban revitalization is that the average city, including DC, treats any new economic activity as "economic development," and all economic development is positive, when some activities are "better" than others in terms of income, tax revenues, spillover development, the economic multiplier effect, and how much of the money recirculates locally versus is siphoned off to headquarters cities.
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