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U.S. Cities Battle Each Other for Jobs With $45 Billion in Incentives

9 days on

Already depleted by foreign competition, towns offer increasingly lucrative tax breaks and other benefits to keep companies local, sometimes squaring off with neighboring...

Losing the Prisoner's Dilemma Game: Economic "Development" Incentives are a Total Waste of Money

9 days on

From today's WSJ: The race to woo companies has intensified as state and local governments struggle with a slow economic recovery, sluggish new business formation and job losses resulting from automation. Many older industrial cities see tax...   More >