A State of Dependence
Book •
Scott Ferguson's 'A State of Dependence' explores the ways in which subnational governments—states and municipalities—are economically and politically dependent on federal policy and credit mechanisms.
Ferguson argues that federal fiscal instruments and incentives structure local policy choices and constrain subnational sovereignty.
The book details how credit conditions, grants, and federal programs shape municipal decision-making and capacity, revealing a layered governance architecture.
It provides historical and theoretical insights into federalism, fiscal dependence, and policy diffusion across U.S.
jurisdictions, useful for understanding constraints on municipal public investment and school finance.
Ferguson argues that federal fiscal instruments and incentives structure local policy choices and constrain subnational sovereignty.
The book details how credit conditions, grants, and federal programs shape municipal decision-making and capacity, revealing a layered governance architecture.
It provides historical and theoretical insights into federalism, fiscal dependence, and policy diffusion across U.S.
jurisdictions, useful for understanding constraints on municipal public investment and school finance.
Mentioned by
Mentioned in 0 episodes
Mentioned by ![undefined]()
David Backer
Wall Street Went To Homeroom And Stole The Whiteboard with David I Backer
