Scenarios about 'public finance'
Public finance examines how governments raise and allocate financial resources through taxation, public borrowing, and expenditure policies. This field studies the economic consequences of fiscal decisions, including effects on income distribution, economic stability, and resource allocation across different sectors of society. In alternate history scenarios, different approaches to public finance often significantly shape economic development paths, social welfare systems, and the relative power of states.
What If Illinois Addressed Its Pension Crisis Earlier?
Exploring the alternate timeline where Illinois implemented meaningful pension reforms in the 1990s, potentially averting the fiscal crisis that has plagued the state for decades.