An attempt to articulate, the influence of national policymaking.
Whether anticipated or unanticipated, a policy failure has a greater short-term impact on real output and employment than on prices. In such circumstances, the production and employment of the city can be boosted simply by offering an effective public policy solution.
In the newsletter, I've made an effort to include examples where government interventions stabilized the falling economy.
Review of a subtopic: Walk Before You Can Run.
Authors: Vijay Kelkar (2019) and Ajay Shah (2019). In Service of the Republic.