Sports Stadia and Affordable Housing

Sports Stadia and Affordable Housing… … both share the feature of a taxpayer subsidy. Subsidies from public revenues are needed when a project is not feasible in a ‘free market,’ i.e. it will not generate income exceeding its costs —...

The Carolinian on CACs

Excerpt from The Carolinian Newspaper, March 19, 2020 edition. Editorial by Danny K. Manning

Business as Usual?

It’s clear that the COVID-19 pandemic is a serious threat to our health, safety, and way of life. Please adhere to the guidelines from local, state, and national governments. And please do what you can to help others. We will not recover quickly or easily from the...

Taxpayer-subsidized sports stadiums aren’t good catalysts

  Did you know…. from our friends at INDY   https://indyweek.com/news/wake/raleigh-soccer-stadium-john-kane-downtown-south/ as catalysts go, taxpayer-subsidized sports stadiums aren’t very good ones. Economists are nearly unified in the belief that they...