# Multimedia 

Multimedia 

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- [Podcasts](/podcasts)
- [Cato Video](/multimedia/cato-video)
- [Video Series](/search/category/video-series)
- [Events](/multimedia/events)

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Apple Podcasts 

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Cato Weekly Podcast • October 1, 2024 

# Reforming State and Local Economic Development Subsidies 

Offering subsidies is how many states show interest in bringing in a new business enterprise and states regularly try to offer more than other states can, but it doesn’t have to be that way. Marc Joffe explains how states can [get out of the trap of playing the subsidies game against their neighbors](https://www.cato.org/policy-analysis/reforming-state-local-economic-development-subsidies).

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

[![Marc Joffe - cropped](/sites/cato.org/files/styles/author_picture/public/2023-11/marc-joffe-cropped.jpg?itok=Rfc77mug)](/people/marc-joffe) 

##### [Marc Joffe](/people/marc-joffe)

Former Federalism and State Policy Analyst, Cato Institute

[ 

](https://x.com/joffemd) [ 

](mailto:mjoffe@cato.org) 

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute