Article in City Journal: Back to Basics for NYC

New York City's economic development model was already out of date even before the pandemic accelerated the broad move away from the workforce model of big offices in big buildings filled with lots of well-paid people working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

Op-ed in the Providence Journal: Subsidizing a soccer stadium would be a bad bet for Pawtucket

The "economic impact" math just doesn't add up to justify subsidies for a proposed minor-league soccer stadium in Pawtucket, R.I. As CEA President John Mozena points out in the Providence Journal, stadiums just don't bring in enough people to make a big difference in local economies: Even in the best-case scenario where every one of … Continue reading Op-ed in the Providence Journal: Subsidizing a soccer stadium would be a bad bet for Pawtucket

Detroit News column: Detroiters pay too much for economic development deals

During a time period when Detroit's homeowners were paying $600 million in property taxes that the city later admitted were assessed in error, a developer received approval for $615 million in tax breaks and other incentives for just two projects in the city. In another project, the city spent more money to buy a few … Continue reading Detroit News column: Detroiters pay too much for economic development deals

Buffalo News column: Keep emotions out of Buffalo’s soccer stadium debates

While Buffalo's soccer fans might be passionate for the sport and excited about the potential for a new professional team in the city, they should be careful not to let that passion be used by business and political leaders to justify public subsidies for a stadium that would be a bad deal for the community. … Continue reading Buffalo News column: Keep emotions out of Buffalo’s soccer stadium debates