Study Finds Little Evidence That Firm-Specific Economic Development Subsidies Work, but That Doesn’t Mean They’re Unnecessary

We are stuck in a sort of arms race. Every year the pile of billions states and local communities offer for economic development subsidies gets bigger, as local leaders try to stand out from the pack, and none dare stop lest their community get left in the dust.

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Rob Port is the editor of SayAnythingBlog.com, a columnist for the Forum News Service, and host of the Plain Talk Podcast which you can subscribe to by clicking here.

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