Across America, states are taking federal dollars meant to support the recovery from the COVID pandemic and using them instead to fund massive economic development subsidy deals. In a column in The Hill today, CEA President John C. Mozena and Mercatus Center Senior Research Fellow Michael D. Farren had a simple message: "We hate to … Continue reading Op-ed in The Hill: Frustrated by a corporate handout ‘Groundhog Day’? Blame the American Rescue Plan.
Des Moines Register column: Time should be up for Iowa’s slate of terrible tax credits
By mid-July, the corn in Iowa was getting hip-high. So, unfortunately, was the state's flood of corporate tax credits. In a column that originally ran in the Des Moines Journal and has since been reprinted in newspapers across the state, CEA President John C. Mozena and TEF-Iowa Policy Director John Hendrickson helped Iowans understand what … Continue reading Des Moines Register column: Time should be up for Iowa’s slate of terrible tax credits
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New York City's economic development model was already out of date even before the pandemic accelerated the broad move away from the workforce model of big offices in big buildings filled with lots of well-paid people working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
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