Local multiplier effect

Budget, Taxation & Economy

Hey Charlotte: If spending has such great “economic impact,” why hide huge cost overruns?

My latest article for the American Institute for Economic Research takes note of the fact that, thanks to Eric Rowell of Hunterville’s question, the celebrated “economic impact” study for Charlotte’s proposed…

Budget, Taxation & Economy

Questionable studies’ implication: NC cost itself over a billion dollars by spending on the wrong cronies

The long-awaited, no-opportunity-cost, all-production-is-driven-by-the-incentive study of the North Carolina film incentive by an NC State professor of supply chain management is now out, and it produced a super-multiplier finding quite…