Browsing: Promise

A Filipino man walks through the backyard of his childhood home in rural Hawai’i, his footsteps swooshing through the grass. Birds chirp, contributing to the tropical din, as he approaches a shrine at the base of a starfruit tree. He bends to inspect a framed black-and-white photograph of a woman, her hair in a 1950s…

State and local governments in the United States have used economic development incentives for more than 100 years. Incentives typically take the form of special tax favors or subsidies to certain industries or businesses. These policies grew increasingly popular starting in the 1970s, and policymakers now view economic development as an intense competition among governments.…