Cronyism (page 4)

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    Film Grants and Creeping Cronyism Only Help Outside Film Production Companies

    Legislative support for film incentives isn’t waning in North Carolina. Quite the contrary, as JLF’s  Jon Sanders discusses in this update. The General Assembly has now decided to make it harder for future legislators to revisit the special giveaway to outside film production companies, paid for by local…
    Donna Martinez, October 12, 2017
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    Amazon just dialed the rent-seeking up to 11

    Amazon just issued what amounts to a continentwide request for proposals for government incentives. Here's hoping state and local governments in North Carolina don't fall for that trap.
    Jon Sanders, September 7, 2017
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    The answer is to remove energy subsidies altogether

    Arguing against subsidies for traditional energy sources and for more subsidies for renewable energy sources is just another example of arguing "That cronyism is bad because it can't go to this cronyism." How about no cronyism at all?
    Jon Sanders, August 4, 2017
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    The Wrong Entrepreneurship

    Robert Litan and Ian Hathaway began three years ago to examine why fewer new businesses are being created. Their first attempt to explain things in 2014 found that slowing population growth and business consolidation were the two main factors. They acknowledged policy differences could have independent roles and could also contribute to population…
    Joseph Coletti, June 13, 2017
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    The N&O editors actually wrote this

    I gave it several hours in case someone pranked the poor guys, but it appears that the editors of The News & Observer actually editorialized against using state incentives to save or create jobs. No, really. I know, it sounds as unthinkable as if someone said Chip Gaines punched Joanna.
    Jon Sanders, December 6, 2016
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    Cronyism by any other name is still wrong

    Q. How should an advocate for individual liberty and market freedom approach the presidency of Donald Trump? A. The same way as always: evaluate policy proposals on how they would likely affect people’s God-given rights, their freedoms, and their abilities to choose and order their lives as they see fit with the protection…
    Jon Sanders, December 1, 2016
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    The ongoing folly that is the City of Raleigh’s involvement in the restaurant business

    Raleigh City Council's excessively wasteful pursuit of a white-tablecloth restaurant — that is, a white-tablecloth restaurant on Fayetteville Street, dagnabbit, not where risk-taking entrepreneurs paying attention to market trends chose to locate theirs — failed with The Mint, but did not end there. If anything, the city politicians' bumbling restaurateuring appears to be getting sillier with their new tenant, Bolt, while at the same time looking more and more unnecessary even according to its foundational purpose. Raleigh, after all, is becoming a diner's paradise with a wealth of options. First: for background on Raleigh's failed "experiment" with The Mint, see the work of my friend and retired colleague Michael Sanera. Now: Here is where things stand with Bolt. The News & Observer reported on June 3:
    Jon Sanders, September 7, 2016
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    Federal energy subsidies and the battle between cronies

    The New York Times asks, "What would happen if the federal government ended its subsidies to companies that drill for oil and gas?" The American oil and gas industry has argued that such a move would leave the United States more dependent on foreign energy. Many environmental activists counter that ending subsidies could move the United States toward a future free of fossil fuels — helping it curtail its emissions of heat-trapping carbon dioxide into the atmosphere. The first part of the NYT's answer is correct insofar as it would make foreign oil and gas marginally more competitive. The second part is utter fantasy and wrong in many ways. The question itself is far too narrow for a discussion of energy subsidies. It ignores the far, far greater subsidies for renewable energy, and it also ignore the massive regulatory burden placed on traditional energy sources — which are penalties or, in a different way of looking at it, negative subsidies. Further discussion and graphs follow.
    Jon Sanders, August 8, 2016