Fiscal distress and politics: the bankruptcy filing of Bridgeport as a case study in reclaiming local sovereignty
Bridgeport, CT's citizens were harmed in a power struggle between the mayor and the state government when Bridgeport was in financial distress. Mayor Mary Moran filed for chapter 9 bankruptcy protection to prevent the state from applying an 18% property tax increase on top of already high taxes. The filing was not accepted, resulted in further downgrading of Bridgeport's rating and is likely responsible for Moran's failure to get re-elected. However, Connecticut did not attempt to raise the taxes again and the next mayor resolved the crisis without higher taxes.
Publication Name: Bankruptcy Developments Journal
The pace of progress at Suprefund sites: policy goals and interest group influence
Private interests have a greater influence on the priority of Superfund site cleanups than do the relative danger of the sites to be cleaned up. This can often slow the process of remediation down. The remedy for this may be to finance cleanup by taxes rather than private funding.
Publication Name: Journal of Law and Economics
- Abstracts: Youth curfews and the trilogy of parent, child, and state relations. Juvenile curfew: legal perspectives and beyond
- Abstracts: School finance in the courts. Policy implications of increased high school graduation expectations. Equity v. autonomy: the problems of private donations to public schools
- Abstracts: Race, Conventional Crime, and Criminal Justice: The Declining Importance of Skin Color. It's all in the Record: Assessing Self-Control Theory with an Offender Sample
- Abstracts: The fiduciary responsibilities of investment bankers in change-of-control transactions. Typography in the U.S. Reports and Supreme Court voting protocols
- Abstracts: Effects of tort liability and insurance on heavy drinking and drinking and driving. The incentive effects of no-fault automobile insurance