William A. Fischel is Professor of Economics, Dartmouth College.

Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the ‘homevoter’ looks at all the factors that affect property values—good schools, effective management of traffic, fewer undesirable uses such as landfills and prisons—he or she becomes politically engaged… The Homevoter Hypothesis…[is] an important contribution to the ongoing conversation about how best to manage growth.

• Preface 1 An Asset-Market Approach to Local Government 2 Local Government's Corporate Form 3 Capitalization, Zoning, and the Tiebout Hypothesis 4 The Median Voter in Local Government Politics 5 Serrano and the California Tax Revolt 6 The Fruits of School-Finance Centralization 7 The Race to the Top in Environmental Protection 8 "Beggar Thy Neighbor" and Land fill Location 9 How Homevoters Remade Metropolitan Areas 10 Sprawl, Metropolitanism, and Local Control 11 Reforming and Reaffirming Local Government Case References General References Index

William A. Fischel is Professor of Economics, Dartmouth College.

Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the ‘homevoter’ looks at all the factors that affect property values—good schools, effective management of traffic, fewer undesirable uses such as landfills and prisons—he or she becomes politically engaged… The Homevoter Hypothesis…[is] an important contribution to the ongoing conversation about how best to manage growth.

• Preface 1 An Asset-Market Approach to Local Government 2 Local Government's Corporate Form 3 Capitalization, Zoning, and the Tiebout Hypothesis 4 The Median Voter in Local Government Politics 5 Serrano and the California Tax Revolt 6 The Fruits of School-Finance Centralization 7 The Race to the Top in Environmental Protection 8 "Beggar Thy Neighbor" and Land fill Location 9 How Homevoters Remade Metropolitan Areas 10 Sprawl, Metropolitanism, and Local Control 11 Reforming and Reaffirming Local Government Case References General References Index

William A. Fischel is Professor of Economics, Dartmouth College.

Although other commentators have bemoaned voter apathy and the lack of civic engagement, Fischel shows how democracy thrives at the local level. As the ‘homevoter’ looks at all the factors that affect property values—good schools, effective management of traffic, fewer undesirable uses such as landfills and prisons—he or she becomes politically engaged… The Homevoter Hypothesis…[is] an important contribution to the ongoing conversation about how best to manage growth.

• Preface 1 An Asset-Market Approach to Local Government 2 Local Government's Corporate Form 3 Capitalization, Zoning, and the Tiebout Hypothesis 4 The Median Voter in Local Government Politics 5 Serrano and the California Tax Revolt 6 The Fruits of School-Finance Centralization 7 The Race to the Top in Environmental Protection 8 "Beggar Thy Neighbor" and Land fill Location 9 How Homevoters Remade Metropolitan Areas 10 Sprawl, Metropolitanism, and Local Control 11 Reforming and Reaffirming Local Government Case References General References Index