8. (2013 February) Numbers: Six Economic Steps to a Better Life and Real Prosperity for All

We’ve got to break out of the old ways of thinking about the economy.
By Gar Alperovitz and Steve Dubb

Leverage City Assets
By maintaining direct ownership of areas surrounding transit station exits, public agencies in Washington, DC, Atlanta and elsewhere earn millions, capturing the increased land values their transit investments create… CalPERS, California’s public pension authority, helps finance local community development needs; in Alaska, state oil revenues provide each citizen with dividends as a matter of right; in Alabama, public pension investing has long focused on state economic development.

http://www.alternet.org/economy/6-economic-steps-better-life-and-real-prosperity-all

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