Author: Paul Prentice
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Don’t use targeted incentives to stimulate economy
State and local governments throughout the United States rightly desire more economic growth so as to create jobs, income, and wealth for their residents. Many government officials, including those in Colorado Springs, believe that an effective way to stimulate economic development is through a system of targeted tax incentives. Since businesses respond to incentives, it…
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Government can’t create stimulus without taking money from citizens
What matters is what something is, not what it is called. Shakespeare wrote this line for Juliet, “What’s in a name? That which we call a rose by any other name would smell as sweet.” Of course, he was referring to Romeo’s last name, but the phrase has become a common symbol of how language…
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Allocating energy best left to market
The Gazette has carried an interesting series of articles, editorials and letters to the editor, regarding the energy “crisis”, including the case for and against drilling for new oil. In particular, a July 24 piece by editorial advisory board member Kristin Lynch argued against drilling for new oil. She instead suggests we develop a “long-term…