Mark Moses: How To Understand and Fix Government Budgeting

Mark Moses, the author of "The Municipal Financial Crisis," delves into the complexities of government budgeting. He critiques the often-misunderstood concept of balanced budgets, pointing out the pitfalls of short-term fiscal strategies. Moses sheds light on the disparity between city finances and business models, particularly in recreation and housing. He advocates for more market-driven approaches and discusses the inefficiencies of privatization in utilities. The conversation reveals a pressing need for transparency and accountability in local government finance.