There are a lot of things states do in the name of "economic development that don't make much sense. But out of all the bad deals out there, there's three popular kinds of subsidized project that are especially bad for the communities that make them: Stadiums, data centers and distribution centers. In The Hill, CEA … Continue reading Column in The Hill – States: Stop subsidizing these 3 dumb things
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.
Iowa's massive tax credit system costs the state as much every year as all of its state and local government agencies combined spend on mental health and disability services for some of its most vulnerable residents. Is that a good trade-off? Unfortunately, there's no way for Iowa's taxpayers to know for sure, thanks to the … Continue reading Des Moines Register Column: Iowans deserve tax credit transparency
Economic development policy is an area where free-market advocates like ourselves often share a great deal of common cause with left-wing progressives. We may start with different principles and have a different view of the appropriate roles of businesses and government in a healthy society, but we can all agree that the way big business … Continue reading The Guardian: Amazon faces new headache as Nashville deal enrages locals left and right
In the Detroit News, CEA President John C. Mozena makes the case that development subsidies are an issue outside the normal political partisan spectrum: From whatever angle you come at it personally, there’s a growing agreement that this isn’t a Right versus Left battle, but rather a case of “Us versus Them” — people with … Continue reading Detroit News op-ed: Michigan can’t afford bipartisan corporate welfare