The doctrine of ‘managed decline’ still holds in some American cities, but was given short shrift in the UK by Margaret Thatcher and Michael Heseltine. Good job, too, suggests Merrion Strategy MD Dougal Paver. ‘Right-sizing’ – the sort of euphemism for which Bullshit Bingo was invented. And when players in Detroit shout ‘house!’ the irony is painful, for right-sizing is the city’s […]