New York City's economic development model was already out of date even before the pandemic accelerated the broad move away from the workforce model of big offices in big buildings filled with lots of well-paid people working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 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
Incentive-free economic development: In Michigan, that means auto insurance reform.
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.