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A percentage of the spill-over value only visible at a municipal and/or federal level can be recaptured through e.g. smart contracts.

0 dB City — Towards Integrated Urban Transportation System 2.0

Dark Matter

Within a few years, HIV transmission rates via syringes — one the biggest arguments for decriminalization — had plummeted. From 2000 to 2008, prison populations fell by 16.5 percent. Overdose rates dropped as public funds flowed from jails to rehabilitation. There was no evidence of a feared surge in use.

Once Hailed for Decriminalizing Drugs, Portugal Is Now Having Doubts

Anthony Faiola and Catarina Fernandes Martins

That’s in part because in New York and many other markets, it’s hard to cover the costs of conversion while producing housing affordable to middle-class or lower-income residents. “Without public policy, without the city offering incentives, it just economically is not viable,” said Nathan Berman, the head of Metro Loft (the city’s own conversion task force concluded the same).

Here’s How to Solve a 25-Story Rubik’s Cube

nytimes.com

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