Maybe one of the most common misconceptions about the free market is that it encourages people to pursue their own “narrow self-interest,” usually interpreted as caring only about one’s self…
Earlier this month Amazon announced it was looking for a second headquarters in North America. The company said it would involve 50,000 jobs and $5 billion in investment. It is…
On Thursday night, Guilford County Board of Commissioners voted 7-2 to hold a public hearing on using tax dollars – for the next 20 years – to build a proposed…
“Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” – President Donald Trump Setting aside…
When Major League Soccer (MLS) started play in 1996, there were 10 teams in the league and the whole undertaking faced an uncertain future. Despite the wild popularity of soccer…
This week, the City of Kannapolis approved an incentive package. This sort of thing has become commonplace in recent years, and there’s nothing particularly unique about the Kannapolis deal. …
Over the past year, I’ve spent quite a lot of time writing about Rocky Mount’s ill-conceived event center, so when I received an invitation to a discussion about economic…
This week, the North Carolina General Assembly released its 2017-18 conference committee budget. And there are certainly implications for local governments! I’ve spent this week trying to figure out just…
A progressive tax system is based on the premise that it is a moral imperative for government to tax people at increasingly higher rates as their incomes go up. The…
A recently released report paid for by the NC Hospital Association (NCHA) and prepared by the Research Triangle Institute (RTI) has, from an economics perspective, a number of flaws. …
