crony capitalism

How should the State of North Carolina go about corporate taxation and corporate welfare? There are four possible policy combinations. At the John Locke Foundation, we have consistently championed…

WRAL reporter Tyler Dukes has examined job creation promises from North Carolina economic-development incentives programs and found them falling far, far short. Dukes assessed job creation from projects under the…

The budget standoff in North Carolina is generating national attention, which focuses on the debate over Medicaid expansion. But there’s another policy standoff in Raleigh, and it’s interesting not just…

Anything done a first time becomes easier to do a second time, for better and for worse. This understanding is why parents force children to try new foods before refusing…

For the last several days, news of General Motor’s (GM) plans to close plants and eliminate nearly 15,000 jobs in the U.S. and Canada have been blanketing the news. President…

The incentives game just keeps getting worse.  It used to be that state and local governments would put together a package to help lure a large company for a major…

Cronyism is an umbrella term covering a host of government activities by which an industry or even a single firm or speculator is given favors and support that they could not attain in market competition. This report explains what opens government to cronyism, gives a brief rundown of recent examples of cronyism in North Carolina, and offers several possible reforms.