Privatization and Other Policy Reads

Why Chicago is now the Fourth City behind New York, Los Angeles, and… Washington D.C.?; the European model of infrastructure privatization and why they’re so much better at it than us; and more

Would Winning the Mega Millions Make You Unhappy or Broke?

It’s accepted folk wisdom that lottery winners end up miserable and/or bankrupt. Two Northwestern psychologists found that winning the lottery actually makes you happy and less stressed—but less able to enjoy what you did before, for no net effect on your happiness. One piece of advice: if you win, keep the news to yourself.

Chicago's Infrastructure Trust and Washington's Gridlock

The mayor rolls out a comprehensive, $7-billion infrastructure scheme, elements of which you’ll recognize. Meanwhile, federal transportation funding of all kinds nearly came to a halt this week, as the political reckoning got pushed back a mere 90 days. Washington’s ideological divide is putting immense pressure on cities and states to deal with overdue infrastructure issues.

Week 25: Vicious Cycle

If there were Pregnancy Police, I’d be calling 911 right now. As it turns out, my wife’s not really respecting the laws of the bed rest. She’s using the extra time to launch all kinds of complex projects involving sewing and reorganizing bookshelves and figuring out why our bathroom smells like a hungover moose. I can’t stop her, and she can’t stop herself…