Economy

What If Mayors Ruled the World?

With Washington paralyzed by political dysfunction, is it time for mayors to take over?
Reuters

“We’re the level of government closest to the majority of the world’s people. While nations talk, but too often drag their heels—cities act.”

That's a recent quote from New York City Mayor Michael Bloomberg. Many would intuitively agree. Washington, D.C. is paralyzed by political dysfunction, and nation-states and international institutions are proving incapable of dealing with the huge economic, environmental, and security issues that beset the world today.