3 Reasons. Eco Devo Funds Good for Texas. Ray Perryman.

Ray Perryman lays out 3 reasons that the Texas Enterprise Fund, and other deal closing economic development tools, are good for Texas:

• Economic Development is highly competitive & Incentives are widley used & Texas needs to play on a level field
• The real world isn’t an academic theoretical free market world
• Structual changes make economic develpoment more important including:
  • labor & capital are increasingly mobile
  • site selection is very sophisticated
  • even minor variations in cost can impact decisions

Rio Grande Guardian | Perryman: Killing the Goose