Geoffrey Brennan and James M. Buchanan, in their 1980 book The Power to Tax, hypothesize that “the potential for fiscal exploitation varies inversely with the number of competing governmental units in the inclusive territory.” This paper tests that theory at the local level using data for US...

This study examines the economic, demographic, and fiscal history of Dayton, Ohio, from the turn of the 20th century to the present. The purpose of this study is to place Dayton in the context of a declining manufacturing city that must overcome substantial challenges if it is going to succeed...