Recently, the Cleveland Plain Dealer asked, "Is public financing of sports venues worth it?" In a letter to the editor, the CEA's John Mozena explained why the answer to that question is a resounding "no." The reality is that, however much we may care about sports, their economic impact on a community like Cleveland is … Continue reading No, Cleveland, that stadium isn’t worth it
We're often asked what we would recommend for alternative economic development policies to the traditional ineffective and costly incentive-and-subsidy model. Our answer is that while the specifics will vary from state to state and city to city, there's an important common thread: Make your community a good place to live and do business. That's obviously … Continue reading Incentive-free economic development: In Michigan, that means auto insurance reform.
By John C. Mozena Santa Claus looked up from his desk as his elven assistant led his next appointment into his office. The planning process to expand his workshop had been a massive distraction from Santa’s normal work, so much so that he’d taken a rare meeting with an outsider who had claimed expertise in … Continue reading An Economic Development Christmas Story
We're very pleased to have the opportunity to support Iowans for Tax Relief in their efforts to bring more transparency and accountability to their state's economic development incentives. CEA President John C. Mozena and ITR's John Hendrickson laid out the argument for reform in an op-ed in today's Des Moines Register: Iowa does have a … Continue reading Joint op-ed in the Des Moines Register: It’s time to total the bill for Iowa’s tax credit spending spree
CEA President John C. Mozena will be speaking to the Detroit chapter of America's Future Foundation on February 20. His talk will be entitled, "The Real Deal: The Cost of Development Subsidies & Incentives:" Detroit and hundreds of other cities offered Amazon billions of dollars in subsidies and incentives, before the company selected New York … Continue reading Come hear from CEA at AFF-Detroit