New York City's economic development model was already out of date even before the pandemic accelerated the broad move away from the workforce model of big offices in big buildings filled with lots of well-paid people working at expensive desks. That hadn't been keeping the city's leaders from doubling down on expensive subsidies, though, writes … Continue reading Article in City Journal: Back to Basics for NYC
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Play Along with the CEA’s “Brutally Honest” Economic Development Bingo this Economic Development Week
Happy Economic Development Week! The CEA's joining the festivities by celebrating the whole story about economic development agencies' impact on our communities -- whether they like it or not. Join us in playing along with what we're calling the "Brutally Honest Version" of Economic Development Bingo. Follow along on our Twitter account, and learn more … Continue reading Play Along with the CEA’s “Brutally Honest” Economic Development Bingo this Economic Development Week
Column at RealClear Policy: Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars
In RealClear Policy, CEA President John C. Mozena and Mercatus Center Research Fellow Michael D. Farren explain how federal COVID relief for state budgets may end up creating a critical opportunity for economic development policy reform. A decade ago, then-Vice President Biden was caught on a live microphone describing the Affordable Care Act’s passage as … Continue reading Column at RealClear Policy: Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars
Column at Free the People: Economic Development Subsidies are “Job Creation” for Central Planners
We're big fans at the CEA of the work done by Matt Kibbe, Terry Kibbe and the rest of the Free the People team to advance the values of "freedom, entrepreneurship, individual responsibility, choice, and peaceful cooperation." We share those values, which made Free the People a great place for CEA President John C. Mozena … Continue reading Column at Free the People: Economic Development Subsidies are “Job Creation” for Central Planners
Detroit News op-ed with Good Jobs First: How economic development is killing Michigan school funding
Our friends at Good Jobs First have been fighting corporate welfare from the leftward side of America's political spectrum for many years, specializing in doing the hard and necessary work of data collection and analysis. Their Tax Break Tracker is an invaluable tool for anyone involved in economic development policy reform. Recently, CEA President John … Continue reading Detroit News op-ed with Good Jobs First: How economic development is killing Michigan school funding