By D. Schultz
American Politics within the Age of Ignoranc e seems at ten coverage myths and undesirable rules that governments and public officers - frequently conservatives - continuously repeat and re-enact. performing on those myths, the regulations unavoidably fail and thereby make stronger preconceived ideals that executive is useless at fixing difficulties.
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Additional info for American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research
Second, because these strategies are pursued by multiple governments, their effects cancel one another out. Keywords: Convention center, professional sports, sports stadiums, public subsidies, economic development, jobs, Field of Dreams Schultz, David. American Politics in the Age of Ignorance: Why Lawmakers Choose Belief over Research. New York: Palgrave Macmillan, 2013. 1057/9781137308733. ” Field of Dreams The 1989 movie Field of Dreams is a metaphor, if not a parody, for urban politics and development.
Hundreds of studies, including a bevy of them cataloged in State Tax Notes (Wasylenko 1997), reach this conclusion (Anderson and Wassmer 2000; Bartik 1991; Fisher and Peters 1997). Michael Kieschnick (1981) reviews numerous studies and methodologies examining the role of tax incentives on business location decisions. He concludes: “Even though there were considerable variations in the specific questions asked, the types of firms in the sample, and the areas in the country, taxes and financial inducements were consistently ranked in the bottom one-fifth or one-tenth of factors mentioned by respondents” (53).
As the logic goes, individuals and businesses are rational calculators—the homo economicus or economic man according to the world of economic theory—and decisions to act, such as to invest, save, or move, are based solely, if not exclusively, upon whether a specific option makes economic sense. If the cost of doing X is less than the benefits, then it is worthwhile to act. Create the appropriate level of taxes and one can induce the desired economic behavior. The taxman, as the Beatles song waxed, can affect economic prosperity.