Business

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    In Asheville, the market is working

    This is why I love the market. Uber and Lyft introduced something new.  All of a sudden, consumers had an alternative to taxis, and given the success that these ride sharing services have had, it appears that consumers love the model.  Of course, the losers were taxi companies, and many…
    Julie Tisdale, November 16, 2017
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    The future of trade

    Caitlin Cain and Paul Aucoin explain in a Washington Examiner column why “America must not turn its back on trade.” While trade advocates are convening in New Orleans to champion the state’s culture of trade, our leaders in Washington are debating the future of trade policies that directly…
    Mitch Kokai, November 16, 2017
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    The Story of Texas Pete Hot Sauce

    In 1929, at the onset of the Great Depression, Sam and Ila Jane Garner were struggling to make ends meet for their family of nine. Their oldest child, Paul, was in school at Duke University. But Thad, their next oldest, had chosen to do something much different with his college…
    Anna Manning, November 15, 2017
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    Billion dollar incentive packages

    Is it me, or do these incentive packages just keep getting bigger?  The Triad Business Journal is reporting today on a report that North Carolina and Alabama are the two finalists for a new Toyota-Mazda plant.  And then they talk about the possible sites, all of which have already…
    Julie Tisdale, November 15, 2017
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    North Carolina may get an auto plant along I-85

    Toyota and Mazda are planning a $1.6 billion joint venture assembly plant that will build Toyota Corolla and an unspecified Mazda crossover. North Carolina may be one of two finalists, with Alabama, for the investment. Not surprisingly, the Greensboro-Randolph Megasite is along the South’s auto industry lifeline, Interstate 85,…
    Joseph Coletti, November 15, 2017
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    How far does a dollar go?

    I read an interesting piece today about the value of a dollar.  Actually, the value of $100, and how it compares in cities across the US. The Tax Foundation published this map back in August.  It compares the purchasing power of $100 in a particular metro area with the…
    Julie Tisdale, November 14, 2017
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    Companies will come, even without incentives

    Just a quick reminder that North Carolina can, in fact, attract international firms without offering tax breaks, or incentive payments, or job creation grants, or any other corporate welfare.  Simplilearn, an Indian company, has recently announced that they’ll be opening an office in the Triangle.  Significantly, they cite the…
    Julie Tisdale, November 7, 2017
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    Regulation is killing small banks

    Ellen Brown advocates for states to create government banks like North Dakota has. Her latest article appears on the progressive website Truthout, where it runs alongside a sympathetic interview with Noam Chomsky and pro-Communist essays. But she quotes Rep. Jeb Hensarling approvingly and the title of this post…
    Joseph Coletti, November 3, 2017