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If you ever needed proof that corporate cronyism is a timeless practice, here’s a story for you.
If you ever needed proof that corporate cronyism is a timeless practice, here’s a story for you.
 
It’s a beautiful day for golfing in Pinehurst, or so North Carolina’s politicians would have you believe.
It’s a beautiful day for golfing in Pinehurst, or so North Carolina’s politicians would have you believe.
 
For a guy claiming to be against “tax giveaways” to corporations, Gov. Roy Cooper sure seems to be fond of doling out taxpayer dollars to corporations.
For a guy claiming to be against “tax giveaways” to corporations, Gov. Roy Cooper sure seems to be fond of doling out taxpayer dollars to corporations.
 
The holiday season may be upon us, but there is no shortage of political happenings in North Carolina.
The holiday season may be upon us, but there is no shortage of political happenings in North Carolina.
 
North Carolina scores better than the average state when it comes to policies that promote freedom. Taking aim at cronyism might produce even better marks.
North Carolina scores better than the average state when it comes to policies that promote freedom. Taking aim at cronyism might produce even better marks.
 
Anything done a first time becomes easier to do a second time, for better and for worse.
Anything done a first time becomes easier to do a second time, for better and for worse.
 
Nothing in the U.S. Constitution implies a hierarchy among rights. Nevertheless, the federal courts have insisted on relegating economic rights to second-class status
Nothing in the U.S. Constitution implies a hierarchy among rights. Nevertheless, the federal courts have insisted on relegating economic rights to second-class status
 
The incentives game just keeps getting worse. It used to be that state and local governments would put together a package to help lure a large company for a major project bringing significant numbers of new jobs to an area
The incentives game just keeps getting worse. It used to be that state and local governments would put together a package to help lure a large company for a major project bringing significant numbers of new jobs to an area
 
If you think corporate incentives are only used to attract businesses, think again
If you think corporate incentives are only used to attract businesses, think again
 
The News & Observer recently ran an op-ed from Froma Harrop arguing that renewable energy has become competitive with traditional energy resources
The News & Observer recently ran an op-ed from Froma Harrop arguing that renewable energy has become competitive with traditional energy resources
 
One of the advantages of observing the many incentives being thrown at Amazon is that it highlights the absurdities of cronyism and government meddling in the market
One of the advantages of observing the many incentives being thrown at Amazon is that it highlights the absurdities of cronyism and government meddling in the market
 
As an alumnus of the University of Texas Law School and the father of a recent UT graduate, I pay close attention to what is going on at my alma mater
As an alumnus of the University of Texas Law School and the father of a recent UT graduate, I pay close attention to what is going on at my alma mater
 
House Bill 589, the misnamed Competitive Energy Solutions for NC, is making its way through the North Carolina Senate
House Bill 589, the misnamed Competitive Energy Solutions for NC, is making its way through the North Carolina Senate
 
The N&O today lauded the announcement by Infosys that the Indian tech company is planning to open up a new technology hub in Wake County
The N&O today lauded the announcement by Infosys that the Indian tech company is planning to open up a new technology hub in Wake County
 
Maybe it is an American thing, the excess of too much success in the wrong hands of those that have not the talent to wield it, to make a difference.
Maybe it is an American thing, the excess of too much success in the wrong hands of those that have not the talent to wield it, to make a difference.
 
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
The federal government issued tax credits in North Carolina approaching a half-billion dollars for renewable energy investment in the five most recent years for which records are available, and high-income earners have benefited the most from the tax favors
 
In 2014, North Carolina State University became the new home for PowerAmerica, a $140 million dollar project aimed at promoting research in the advanced electronics industry. Just two years later, NC State is back in the headlines, this time with a focus on energy
In 2014, North Carolina State University became the new home for PowerAmerica, a $140 million dollar project aimed at promoting research in the advanced electronics industry. Just two years later, NC State is back in the headlines, this time with a focus on energy
 
If there is a need to get from point A to point B, the shortest distance between the two is typically the one most traveled and most desired
If there is a need to get from point A to point B, the shortest distance between the two is typically the one most traveled and most desired
 
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
Like a recovering addict on the verge of a major binge, some North Carolina lawmakers are on the brink of falling back into the black hole of tax credits
 
Crony capitalism is a term that we have been hearing a lot lately. The term has come into use to distinguish the kind of economic system we, in large part, have in this country with true free market capitalism. In the former there is a cozy relationship between business, particularly big business...
Crony capitalism is a term that we have been hearing a lot lately. The term has come into use to distinguish the kind of economic system we, in large part, have in this country with true free market capitalism. In the former there is a cozy relationship between business, particularly big business...
 
The larger question may remain: Who is willing to learn, and intellectually expand their horizons to become better providers, better citizens and truer patriots?
The larger question may remain: Who is willing to learn, and intellectually expand their horizons to become better providers, better citizens and truer patriots?
 
What is the role of competition in the marketplace? That's the question surrounding a recent uproar in Fuquay-Varina, a Raleigh suburb located in the southwest corner of Wake County. Food trucks - a Triangle staple - have arrived in the town, and some restaurant owners are not happy...
What is the role of competition in the marketplace? That's the question surrounding a recent uproar in Fuquay-Varina, a Raleigh suburb located in the southwest corner of Wake County. Food trucks - a Triangle staple - have arrived in the town, and some restaurant owners are not happy...
 
In the face of defeat, claim victory anyway. That's what state bureaucrats in charge of meddling with North Carolina's economy are doing in light of a recent report that suggests their meddling has produced dismal results.
In the face of defeat, claim victory anyway. That's what state bureaucrats in charge of meddling with North Carolina's economy are doing in light of a recent report that suggests their meddling has produced dismal results.
 
At a recent event with Harry Reid in Las Vegas President Obama accused conservatives of being inconsistent in their support for free markets. Why? Apparently because they are "not for" solar power. Here's what he had to say to the gathering...
At a recent event with Harry Reid in Las Vegas President Obama accused conservatives of being inconsistent in their support for free markets. Why? Apparently because they are "not for" solar power. Here's what he had to say to the gathering...
 
Just when I think the NC Chamber can't sink any lower, they DO.
 
Out of the blue, government goodies for solar energy providers has become the rage on Jones Street. No one really saw this coming.
Out of the blue, government goodies for solar energy providers has become the rage on Jones Street. No one really saw this coming.
 
We've expressed our dismay at recent legislation - sponsored by a hodge-podge of statist Democrats, RINOs, and reputed conservatives - to extend the 35 percent credit for solar energy production for five years.
We've expressed our dismay at recent legislation - sponsored by a hodge-podge of statist Democrats, RINOs, and reputed conservatives - to extend the 35 percent credit for solar energy production for five years.
 
As the legislature comes back into session, there is a renewed focus on what are typically referred to as economic incentives, or by many who are more skeptical of such programs, corporate welfare or simply cronyism. Programs that are and will continue to be debated are subsidies to...
As the legislature comes back into session, there is a renewed focus on what are typically referred to as economic incentives, or by many who are more skeptical of such programs, corporate welfare or simply cronyism. Programs that are and will continue to be debated are subsidies to...
 
We reported about an "interesting" real estate deal involving Senate candidate Thom Tillis and some high-dollar donors to his campaign.
We reported about an "interesting" real estate deal involving Senate candidate Thom Tillis and some high-dollar donors to his campaign.
 
Supposedly, the Republican Party is about free markets, individual liberty, and reaping the rewards of hard work.
Supposedly, the Republican Party is about free markets, individual liberty, and reaping the rewards of hard work.
 
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
During the recently-completed GOP primary for US Senate, speaker Thom Tillis told a fundraiser crowd in Wilmington he favored the retention of state incentives for studios shooting movies and TV shows in North Carolina.
 
Do you think your taxes are too high? Would like a tax break? Well, some NC legislators are happy to give you a big tax break – if you are a big Hollywood film studio.
Do you think your taxes are too high? Would like a tax break? Well, some NC legislators are happy to give you a big tax break – if you are a big Hollywood film studio.
 
In Raleigh, the McCrory Department of Commerce is doing quite a bit of cheerleading for special taxpayer-provided incentives to lure business to North Carolina.
In Raleigh, the McCrory Department of Commerce is doing quite a bit of cheerleading for special taxpayer-provided incentives to lure business to North Carolina.
 
One of the Democratic Party's key selling points is that Democrats favor the little guy struggling against Big Business and other powerful forces.
One of the Democratic Party's key selling points is that Democrats favor the little guy struggling against Big Business and other powerful forces.
 
We've got it pretty good here in Moore County. One of the lowest tax rates (and crime rates) in North Carolina. World-class golf courses. Lots of great dining and shopping.
We've got it pretty good here in Moore County. One of the lowest tax rates (and crime rates) in North Carolina. World-class golf courses. Lots of great dining and shopping.
 
One of the most consistent findings in economic research is that occupational licensing restricts the supply of service providers in the licensed field and thereby drives up prices.
One of the most consistent findings in economic research is that occupational licensing restricts the supply of service providers in the licensed field and thereby drives up prices.
 
McClatchy and other mainstream media outlets blew the doors off of The NC Rural Center earlier this year  -  exposing all kinds of cronyism and corruption to public view.
McClatchy and other mainstream media outlets blew the doors off of The NC Rural Center earlier this year  -  exposing all kinds of cronyism and corruption to public view.
 
Valeria Lee, chair of the N.C. Rural Economic Development Center board of directors, has announced a plan of action for reviewing the organization's procedures for awarding, monitoring and reporting grants.
Valeria Lee, chair of the N.C. Rural Economic Development Center board of directors, has announced a plan of action for reviewing the organization's procedures for awarding, monitoring and reporting grants.
 
To go over all the instances of favoritism over the center's past 26 years would be overwhelming. The following examples are from the last year alone, when the Rural Center was involved in over 800 projects.
To go over all the instances of favoritism over the center's past 26 years would be overwhelming. The following examples are from the last year alone, when the Rural Center was involved in over 800 projects.
 
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
Every policy and decision by government has economic costs, and more so when the policy interferes with or, worse, prevents some market choices. Such negative economic effects are what make even more pernicious the practice of cronyism.
 
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