When governments rely on taxes to fund services, they have no rational way of deciding how much to spend. This leads to the misallocation of resources and cycles of interventionism.
Our new article explains how Free Private Cities can solve this problem: 

Free Cities Foundation
Free Private Cities: A Market-Oriented Solution to the Problems of Government Intervention - Free Cities Foundation
Free Private Cities (FPCs) are a new model of governance in which a purely private, investor-owned company provides the services of a State in a ci...