Properly understood, carried interest is a return on capital. Dave brings a unique perspective to the carried interest debate.
A property that was the center of major controversy the last time it was purchased is being sold once again.
The title says it all and Dave says little else.
While Dave does not expect to change hearts and minds when it comes to privatizing municipal assets, he hopes to provide some clarity by addressing critiques pertaining to the economics of those transactions.
Here, Dave presents the historically-evidence for a strict construction reading of the Constitution. This Part II of II.