Economic Development

Pistons Move to Downtown Comes With Big Taxpayer Price Tag

Mackinac Center experts comment on the deal in state media

Mackinac Center experts comment on the deal in state media … more

Study: New Sports Facilities Do Not Increase New Business Openings

Research discredits idea for ‘catalyst’ or ‘transformational’ developments

Research discredits idea for ‘catalyst’ or ‘transformational’ developments … more

An Evaluation of Michigan's 21st Century Jobs Fund

In 2005, Michigan Gov. Jennifer Granholm launched a project intended to stimulate he state’s economy: the 21st Century Jobs Fund. At the time the state had not yet recovered from the 2001 national recession and was suffering the country’s highest unemployment levels.
After a tough political battle to establish the program and after making a number of compromises, the 21st Century Jobs Fund was created. The program was to be funded from 2006 to 2015, and in the 2013-14 legislative session, under a new governor and Legislature, it was extended until 2019 and provided with $75 million in continued annual funding.
After ten years of existence, this program has received little attention and its effectiveness has never been measured. All government programs should be reviewed regularly, and it is time for a close look at the 21st Century Jobs Fund. … more

Michigan Crushes Korea in Corporate Welfare Handouts

Nearly $9 billion in crony-capitalism subsidies

Nearly $9 billion in subsidies over two years … more

New Evidence: Film Incentives Still Don’t Work

Research from Michael Thom analyzes a variety of programs

Research from Michael Thom analyzes a variety of programs … more

Rumors of Taxpayer Spending

State job funds are expensive and underwhelming

State job funds are expensive and underwhelming … more

Economic Interference Week

Economic Development Week is no cause for celebration

Economic Development Week is no cause for celebration … more

Job Churn Shows Why Targeted Tax Favors Do Not Work

There is constant job loss and creation in the state economy

There is constant job loss and creation in the state economy … more

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