Explore the complex dynamics of fiscal federalism in this 18-minute TEDx talk by Dr. Fan Fei, an associate professor of business and economics. Delve into the intricate balance between state and federal power in economic and governmental issues, challenging the notion of a single correct approach. Discover how creative solutions can be developed to prioritize the well-being of people while maintaining economic stability. Learn from Dr. Fei's expertise in public finance, corporate finance, and economic history, including insights from his award-winning research on Federal-Aid Highways and their impact on general stores. Gain a deeper understanding of the nuanced relationship between different levels of government and their economic responsibilities in this thought-provoking presentation.