I like my government flat? What does that mean? I’ve been throwing around this idea for a few weeks now, trying to come up with a more appropriate role of government within, yes, a libertarian framework. It came to a head this morning while attending Invest Atlanta‘s board of directors’ meeting.
Invest Atlanta is the City of Atlanta’s economic development arm. In a nutshell, Invest Atlanta incentivizes investment banks and private equity firms to underwrite businesses and other economic development projects in the city; projects that the city hopes can stimulate job growth. Invest Atlanta itself may also fund businesses with loans or even grants I learned today. In short, Invest Atlanta, an arm of local government, acts as a partner of the business and civic community, stabilizing and making attractive neighborhoods across the city in order to attract new residents and investment.
When I combine that role with the city’s other roles:provider of law and order; judicial services; and educational services; I envision a government acting as a partner with the community; attracting capital to have a positive social impact on its residents. It’s a model that state and federal governments should exhibit more of.
The government as partner is more horizontal. less onerous, and better focused on the needs of its partner community. It can get flatter if it got rid of unnecessary rules that slow down a business’ entry into a market and slows down the access to capital.