For the first time in decades, budget cutters are taking a meaningful look at federal government programs and trying to identify wasteful and inefficient spending to eliminate. In National Review, CEA President John C. Mozena suggests cutting the hundreds of federal programs that subsidize state governments' ongoing race to the bottom of subsidized economic development … Continue reading Column in National Review: Get the Federal Government Out of States’ Economic Development Wars
Column in National Review: Adam Smith’s Economic-Development Formula
In National Review's Capital Matters, the CEA's John Mozena marked the publishing anniversary of Adam Smith's "Wealth of Nations" by pointing out how Smith's 1755 recipe for national prosperity is still a valid economic development policy in the modern day: "Little else is requisite to carry a state to the highest degree of opulence from … Continue reading Column in National Review: Adam Smith’s Economic-Development Formula
Column in National Review: Stop Subsidizing Stadiums
There are a lot of great reasons for states and cities to tell sports teams to "Pay For Your Own Damn Stadium," and CEA President John Mozena laid some of them out this week in a column in National Review's "Capital Matters:" These deals involve substantial amounts of money, and they have a very real … Continue reading Column in National Review: Stop Subsidizing Stadiums
Column at the Daily Caller: Politicians From Both Parties are Selling ‘Sidewalk Socialism.” It Needs to End.
At the Daily Caller, CEA President John Mozena pointed out that the practices of America's economic development agencies seem suspiciously familiar to anyone who's studied The word “socialism” gets used in a lot of different ways, but traditionally it means government having a financial stake in factories and other “means of production” and using that … Continue reading Column at the Daily Caller: Politicians From Both Parties are Selling ‘Sidewalk Socialism.” It Needs to End.
Column in National Review: Losing Amazon’s HQ2 Was a Blessing
With the news that Amazon was pausing construction of its Arlington, VA HQ2 project, CEA President John Mozena writes in National Review that residents of hundreds of cities across America should be glad that Amazon hadn't gone with any of the ludicrously large proposals that were submitted by local politicians and bureaucrats who seized the … Continue reading Column in National Review: Losing Amazon’s HQ2 Was a Blessing