Bad Bets (opens in new tab)

In last week’s episode of the Strong Towns podcast, Chuck Marohn, the founder and president of Strong Towns, talked with the economist Alison Schrager about uncertainty and risk. In this week’s episode, Chuck provides some additional thoughts on risk—and, in particular, the risks towns and cities are taking with their financial futures. Not only are communities making bad bets by going all-in on the Suburban Experiment, they assume the government (state and federal) or the market will be ther...