Amazon HQ2

Economists know that targeted economic development subsidies—where a municipality doles out taxpayer resources to lure commercial interests within their borders—are a bad deal for everyone but the party that wins the spoils. Still, cities and states constantly dangle such subsidies to benefit-hungry firms. Amazon's national hunt for its new headquarters, called "HQ2," was a classic example of this dynamic. Read what Mercatus scholars had to say about HQ2 as we approach the one year anniversary.

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