Gongol.com Archives: May 2015
May 19, 2015Uber hires talent away from Google
But not technical talent -- political talent.
$50 million in incentives and no jobs to show for it
There may be no alternative but for Congress to step in and stop states from fighting one another with economic-development incentives. Building infrastructure and keeping a healthy environment for regulations and taxation? That's good competition. Unaccountable, no-recourse subsidies and tax breaks for the politically-connected? That's another.
A worthy review of "Hyperbole and a Half"
When markets fail, government can play a role
Making antibiotics doesn't really pay very well, and they tend to lose effictiveness over time. States may be able to step in and do something to solve the market failure by offering prizes for those who develop new antibiotics and buying the rights to their use to ensure a profit to the makers.
That pesky Monroe Doctrine
The US hasn't spent enough time winning enough friends in Latin America, and China's been interested in filling that void