Old Pipes, New Data, and the Future of Infrastructure Finance, with Eric Horvath

We describe the confluence of fiscal stress and high technology that's reinventing aging infrastructure in post-industrial cities. Liz highlights her recent work on chronic fiscal stress, and makes clear that getting to bankruptcy is a group effort. Eric Horvath from the City of South Bend, IN tells the story of how South Bend used artificial intelligence and big data to tackle an $800 million stormwater management problem, all for a fraction of the estimated cost. Tyler from Chicago asks: "What are Social Bonds, and why is Chicago selling them?"