The primary sources of capital funds in Minnesota are the local capital expenditure levy and school district bond sales. The state provides assistance to low-wealth districts by providing a capital expenditure equalization aid program and two types of loans under the Maximum Effort School Aid Law. It has been argued that the concepts of equal…

New economic strategies used by states are described, and case studies of the recent innovations in economic development policies of Massachusetts, Pennsylvania, and Michigan are presented. A number of programs in other states are briefly reviewed, and various models of state intervention are evaluated, along with the principles that underlie…