Economic development (page 3)

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    Clawback contracts are costly

    Governments like to use clawbacks, in which they provide a benefit but demand it back if some objective is not reached. North Carolina uses clawbacks for some tax incentives, but could not recover millions of dollars that had been paid to Dell Technologies when that company closed a plant…
    Joseph Coletti, January 6, 2020
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    Government incentives still aren’t creating jobs

    Businesses make business decisions for business reasons. If they can get free money from politicians wanting to look good in press releases and photo ops, great, but it's rare that it's a deciding factor.
    Jon Sanders, January 2, 2020
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    In case you missed it

    A tweet by Johan Norberg that appeared last Thursday gives us 10 more reasons to be thankful:…
    Jon Guze, December 2, 2019
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    “Global prosperity hits highest ever level.”

    That’s one of the many positive findings in the Legatum Institute’s Prosperity Index for 2019. From the Executive Summary: The Legatum Institute’s revised and improved 2019 Prosperity Index quantifies prosperity in 167 countries across the globe, which together contain 99.4% of the world’s population. ……
    Jon Guze, November 26, 2019
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    This Is Your Country on Socialism

    Keep your eye on Venezuela! Evolución 1990-2019 del PIB per cápita en Sudamérica a Paridad de Poder de Compra (PPP), dólares de 2011. pic.twitter.com/lDEoWrUpry — Aldo Lema – Chile (@AldoLema_cl) November 2, 2019 For those who are too young to…
    Jon Guze, November 9, 2019
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    Charlotte 6th easiest city to do business in North America

    A new report examines how easy it is to do business in cities around North America. The  start a business, register a property, get electricity, find and keep employees, pay taxes, and get through insolvency. Charlotte ranks sixth on the index, behind Oklahoma City, Arlington (VA), Sioux Falls,…
    Joseph Coletti, October 28, 2019
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    What the governor’s advisory council on film incentives really should do

    What should such an advisory council do? Preferably, play the role of servus publicus and keep reminding the governor, "Hominem te esse memento!" That is: Remember that you're mortal man.
    Jon Sanders, October 25, 2019
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    Critiquing American companies that do China’s bidding

    John Daniel Davidson of the Federalist considers American companies that kowtow to the Chinese communist government. Twitter and Facebook are the exceptions to a disturbing trend of U.S.-based companies bowing and scraping before the Chinese Communist Party. Witness the recent spectacle of the NBA censoring fans on American…
    Mitch Kokai, October 15, 2019