- The Homevoter Hypothesis
- William A. Fischel
- Fischel has coined the portmanteau word "homevoter" to crystallize the connection between homeownership and political involvement. The link neatly explains several vexing puzzles, such as why displacement of local taxation by state funds reduces school quality and why local governments are more likely to be efficient providers of environmental amenities. The book thereby makes a strong case for decentralization of the fiscal and regulatory functions of government.
- Hardcover 2001 / Paperback 2005