Civitas Review

Economics Archives

  1. Oct
    15

    Former Commerce Secretary: Corporate Welfare About Elections, Not Jobs

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , , ,

    WRAL.com continues its series examining North Carolina's web of corporate welfare schemes, in this article highlighting how taxpayer funds for corporate subsidies are heavily concentrated in the state's most prosperous areas. Data from the state Department of Commerce shows far more taxpayer money flows to the counties doing the best economically than those that are […]

  2. Oct
    13

    News Series Investigates NC's Corporate Welfare Schemes

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    WRAL.com today launched an investigative series examining the use of economic incentives (i.e. corporate welfare) in NC. Of note in the article is the proliferation of government handouts not only in NC but nationwide. Although not all these performance-based grants will fully pay out, the legislature's fiscal research division says the state has committed to […]

  3. Oct
    10

    How Savings, Not Consumption Spending, Grows the Economy

    Posted in Economics By Brian Balfour | Tagged , , ,

    One way that progressive liberals argue in favor for higher tax rates on upper income earners is the observation that higher income households save a larger share of their income than do middle- and lower-class households. As such, the government should tax them more heavily and then distribute the funds to lower-income households who are more […]

  4. none
    Oct
    07

    Junk Science and Shoddy Journalism Should Not Drive Public Policy

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , ,

    When politicians, academics and the public alike all lose site of the proper role of government in society, they become willing to accept public policy based on "research" and data. But this Forbes article highlights just how easily skewed social science research can become; in this case the article takes to task some shoddy research […]

  5. none
    Sep
    17

    Could NC's Economy Grow Without Handouts to Cronies?

    Posted in Budget & Taxes, Economics By Brian Balfour | Tagged , , , ,

    The N&O today published my article describing what I'd like to see in a special session in Raleigh to address economic incentives. A sample: Imagine with me for a moment what would happen if Gov. Pat McCrory’s office and state legislative leaders released the following joint statement regarding a special session to address economic development […]