Blog

State Rainy Day Funds

Large rainy day funds make states less reliant on federal bailouts, improve state credit ratings, and they strengthen the overall U.S. macroeconomy.

Blog

New York vs. Florida on Bureaucracy

New York and Florida have similar populations of 20 million and 21 million, respectively. But state and local governments in New York spent twice as much as governments in Florida.

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Virginia Is for Corruption

Economic Development Authorities are structured as quasi‐​independent from city and county governments to reduce transparency, and so they are ideal platforms for cronyism or corruption.