Governments aren't very good at picking business winners with grants, loan guarantees or tax breaks. They'd do better if they realized their limitations.
States have been on the front lines of a stimulus-driven revolution in accountability. A new report urges them to build on the lessons they have learned.
Governments produce tens of thousands of new laws every year, confusing citizens and driving business away. Instead of more laws, what we need is a focus on outcomes.
Colorado and Massachusetts are moving quickly to repair and rebuild their deteriorating bridges. But there are lessons in the different ways they're paying for the work.
Massachusetts is taking a hard look at the tax breaks it hands out for economic development. The result may be a move toward using objective metrics to inform decisions about granting them.
All of the states provide tax incentives for economic development, but most of them don’t do a good job of making sure that they’re getting value for the taxpayers' money.