Government
Feb. 20, 2025
Are private-public partnerships the future?
San Francisco Mayor Daniel Lurie's plan to solicit private donations to address homelessness tests the theory of trickle-down economics and raises concerns about transparency, oversight, and potential ethical pitfalls.
Christine N. Wood
Partner, Best Best & Krieger LLP.
The theory of trickle-down economics assumes the wealthy will generate economic growth and care for those less fortunate. This premise is currently being tested in the City of San Francisco, as its residents continue to face increasing numbers of unhoused people within the city and the highest rate of inflow ever in the City's history. For example, as the City helps one person exit from homelessness through its Homelessness Response System, approxim...
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