Planning

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    Corporate incentives in two minutes

    Edmund Malesky, a political science professor at Duke, and his co-author Nathan Jensen explain the failure of corporate incentives and their continued popularity for politicians in this brief video. Short answer: incentive offers are a way for politicians to show they care and they are trying, like most government programs.
    Joseph Coletti, June 26, 2018
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    New directions for conservative giving

    Daniel Schmidt and Michael Hartmann pay homage to Michael Joyce, long-time president of the Bradley Foundation, and draw lessons for the future direction of conservative giving, which they see becoming more diverse and personal. There is a lot worth reading in the essay, but some of the areas where…
    Joseph Coletti, June 22, 2018
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    Measuring the state’s success in re-employment

    Harvard Kennedy School’s Government Performance Lab (GPL) began with a focus on social impact bonds and pay for success contracts. It now exists to help state and local governments do their work better, whether internally or with outside contracts. A team will soon be in North Carolina “to support…
    Joseph Coletti, June 18, 2018
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    Cronyism’s Cost in Competitiveness

    New research continues to highlight the economic burdens imposed by big government regulations and big corporation cronyism in the US. For all the concerns about the heavy hand of Brussels on members of the European Union—and in Europe’s most competitive countries, this was a real concern—the EU has actually reduced…
    Joseph Coletti, June 12, 2018
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    Rocky Mount bets big on government

    The big gamble at the heat of Rocky Mount is it’s Event Center, on which the John Locke Foundation has considered an unwise burden for taxpayers and raised a number of questions on its financing through debt without a vote of the taxpayers, its initiation before lower property values were…
    Joseph Coletti, June 8, 2018
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    Rocky Mount taxes and spending

    Rocky Mount leaders expect the 2.5-cent property tax increase this year will be the last needed to cover their big bet on the Rocky Mount Event Center. The tax hike is the second in two years, but the first was extremely painful for city government and residents alike. Because…
    Joseph Coletti, June 7, 2018
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    What Is Special Indebtedness and Why Is It Expensive?

    The proposed Build NC debt for road construction is not a General Obligation bond, which would require a vote of the people to pledge the full faith and credit of the state. Instead, it would be paid entirely with revenue from the gas tax, highway use tax (the sales tax on…
    Joseph Coletti, June 5, 2018
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    Transportation bond plan

    The legislature is considering a 10-year ,$3 billion bond plan for road construction across the state. That is a lot of money, and voters (read: taxpayers) will not have a say in its final approval, which could add as much as $300 million in new debt each year. Putting a…
    Joseph Coletti, June 1, 2018