Economic development

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    Accuracy in Academia Showcases Carolina Journal Story About MIT Solar Facility in Currituck County

    From Last year, MIT proudly announced that it was building a solar energy plant in North Carolina that it claimed would benefit both the bay and “tar heel” states. More than half a year later, those benefits are looking ever more theoretical with each passing month. “James…
    Donna Martinez, May 22, 2017
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    Look no further than film incentives, solar subsidies, and the recent vote on craft freedom

    From Ludwig von Mises’ Human Action, 1949, pp. 865-866. (To understand this passage in terms of the Orwellian language that dominates modern politics in North Carolina and elsewhere substitute the word stakeholders for Mises’ use of the phrase “pressure groups.”) The public looks askance upon the lobbyists and blames…
    Roy Cordato, May 19, 2017
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    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online on the impact of a recent suicide on investigation of embezzlement from a Triad-based economic development group. Kristen Blair’s Daily Journal highlights the value of summer reading for kids.
    Mitch Kokai, May 19, 2017
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    Is a $30 Million Ballpark a Good Investment for High Point Taxpayers?

    High Point is one of the many cities across this country that believe in the value of a sports facility to spur economic growth. As our Julie Tisdale details in this piece, there’s a fascinating new development in the story of High Point’s desire to build a ballpark. Nido Qubein,…
    Donna Martinez, May 18, 2017
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    A breath of fresh air in the targeted incentives debate

    The News & Observer’s coverage of robotics part maker ATI Industrial Automation’s expansion plan includes this great tidbit: Don’t look for any press releases from the state announcing that ATI’s expansion plan has made it eligible for financial incentives. “We have never received anything from the government, and…
    Mitch Kokai, April 21, 2017
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    Tax rates going up in Rocky Mount

    Last night, the Rocky Mount City Council met.  The minutes aren’t available yet, but the Rocky Mount Telegram reports that the councillors discussed property taxes.  Surprise, surprise, it looks like they’ll be going up. Due to this year’s revaluation and the city’s need to pay for the Downtown Community…
    Julie Tisdale, March 28, 2017
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    On the other hand, I probably created 1.8 job-days doing this

    I was asked to find our analyses of economic-impact modeling software, and in tracking them down I realized some had fallen victim to broken links through the conversion of our web site. So I’m using a blog post to store them here for future reference. Or of course you…
    Jon Sanders, January 25, 2017
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    One of these things is not like the other…

    Headlines currently on the Charlotte Observer’s website: • 2016: Year of the Crane. 2017: Year of the Ribbon-cutting (and more cranes) • State population map: NC among fastest-growing states • Belk Bowl’s economic impact a rare bright spot after HB2 losses…
    Michael Lowrey, December 29, 2016