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    Want Billionaires? We’ve Got ‘Em

    Entrepreneurship is alive and prospering in North Carolina. The new Forbes list of billionaires carries three familiar names to North Carolinians who follow business and leadership. Triangle Business Journal reports three of our own are on the list. They are Jim Goodnight, John Salls, and Clemmie Spangler Jr. Speaking of…
    Donna Martinez, March 12, 2018
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    Can barbers spur local economic growth?

    Chuck Marohn is a city planner who tries to expose the game for what it is. In a recent Strong Towns post that then appeared at Philanthropy Daily, Marohn explains why bringing a barber into town once a week from the regional center would be a better investment than…
    Joseph Coletti, March 12, 2018
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    Fayetteville’s taxpayer funded ballpark is happening

    Almost a year and a half ago, I wrote about Cumberland County’s plans to divert money from the school system to build a ballpark in Fayetteville for the Single-A Advanced affiliate of the Houston Astros.  At the time I argued that building a $33 million stadium with city and…
    Julie Tisdale, March 8, 2018
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    Hope for food trucks in Carolina Beach

    Back in December, I wrote about Regulatory problems for food trucks in Carolina Beach.  So imagine my delight when I saw this morning that, later this week, the town’s Planning and Zoning Commission will be considering amendments to local ordinances “to create allowances for food trucks.” I have…
    Julie Tisdale, March 5, 2018
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    State grants are misguided

    Last week, the NC Department of Commerce announced various grants to rural communities.  Their press release opened with this: The North Carolina Rural Infrastructure Authority (RIA) approved 16 grant requests totaling $3,948,755, N.C. Commerce Secretary Anthony M. Copeland announced today. The requests include commitments to create a total of…
    Julie Tisdale, March 2, 2018
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    Bringing political accountability to federal regulation

    Todd Gaziano and Tommy Berry of the Pacific Legal Foundation explain in the Wall Street Journal why they have filed multiple suits against mid-level federal bureaucrats who make rules without political accountability. In a regulation issued in 2016 known as the “deeming rule,” the agency ordered that vaping products…
    Joseph Coletti, March 1, 2018
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    Do Boring Things

    Kevan Kjar has helped me understand a lot about the importance of telling a story. Like all good advice, I heed it more in the breach. Kevan has some stickers printed with the phrase “Do Hard Things.” Yes, there’s a story behind the sticker. Reading the review…
    Joseph Coletti, February 16, 2018
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    The Story of Krispy Kreme

    In the early days of the Great Depression, an entrepreneur named Ishmael Armstrong purchased a doughnut shop from a French chef named Joseph LeBeau (or possibly LeBoeuf). Using the name and the yeast doughnut recipe that came with the sale, he opened the Krispy Kreme Doughnut shop in Paducah, Kentucky,…
    Abigail Buonaiuto, February 5, 2018