Archive for July 2012
Transparent & Open Government
The transition from private business to the very public world of politics has been both interesting and more challenging than I had envisaged. Based on my first seven months in office, the most challenging issue facing our City is financial sustainability. As I have reflected on this issue, I have concluded that two things may…
Read MoreSpending Other People’s Money Is Always Easier Than Spending Our Own.
Milton Friedman, one of America’s most respected economist, statistician and the recipient of the Nobel Memorial Prize in Economic Sciences, wisely observed that we spend our own money on ourselves very carefully. We spend other people’s money less carefully. As a young teen-ager, I worked on a poultry farm, catching chickens from midnight until dawn.…
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