Examines the four arguments for more public investments in infrastructure spending: shortsighted government policies allowed infrastructure spending to fall sharply and the nation's roads and bridges to deteriorate; lower infrastructure spending in the past was a key reason the economy performed...

Argues that if we wish to have a comprehensive income tax, and if the Tiebout model is a reasonable approximation of the structure of local government, then the implicit income from the local public capital stock must be included in the tax base

Analyzes the impact of property tax reform in Pittsburgh (1979-1980), which dramatically increased the tax rate applied to land (but not structures). Explores the impact of this tax reform on the economic development of the city.