The UNC Board of Governors thinks we do — at East Carolina.

Is this likely to be a great boon to the area — or another boondoggle like the Global Transpark, various convention centers around the state, the Randy Parton Theater and so on? In today’s Pope Center piece, Jesse Saffron writes about the opposition he received following a June article he wrote in which he expressed skepticism about this plan. Plenty of Greenville area people took umbrage at his challenging a pet project of theirs.

The general problem with all of these public-sponsored “investments” is that the people behind them don’t have their own money at risk and are prone to overestimating the benefits and underestimating the costs. If there are good investment opportunities in the Greenville area, we should leave it to entrepreneurs to discover them.