Illinois by the Numbers
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‘Mine’ Your Own Business
Louise Story’s article in The New York Times last month is merely the latest installment of the longstanding observation that state and local incentives amount to a zero-sum game, whereby one location’s win is another’s loss.
New Solutions
In 1859, a well was drilled in quiet farm country in northwestern Pennsylvania for the express purpose of finding and extracting rock oil from the ground. This was to be the fuel for lamps. It became much, much more.
Valued Outlook
Business activity in New England in many cases is the equivalent of "musical states" or "musical cities." That is, while there is a healthy amount of new business and business expansion activity in the region, a lot of what is taking place is business consolidation and/or moving existing businesses from state to state or city to city.