Economic Development rss

How Virginia Might Build on the Rise of Education Capitalism(1)

March 30, 2016

The past twenty years have brought significant growth to Northern Virginia and the Tidewater area, but there have been significant costs. The state’s economic portfolio is too heavily weighted toward government spending. No state can call itself diversified when one-fifth of its income comes from a single source. Virginia should study the rise of education […]

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Myths and Causes of Income Inequality

New York Times economics analyst Eduardo Porter recently penned two columns about income inequality in which he claimed that the “job market is not working to distribute wealth” and “has lost much of its power to deliver income gains to working families” over the past four decades. As proof of this, he quoted data on “household incomes” from […]

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Assembly Punts on Airbnb

Virginia could have been one of the first states in the nation to legalize the short-term rental industry, but after taking a good hard look at HB 812, the so-called Airbnb bill, the General Assembly decided to punt. The legislature will revisit the issue next year, reports the Washington Post. Airbnb, whose web-based platform connects […]

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Reagan’s Still Right – Bottom-Up Job Creation In Virginia

By Mark Obenshain and Kirk Cox “We who live in free-market societies believe that growth, prosperity and, ultimately, human fulfillment are created from the bottom up, not the government down.” President Ronald Reagan uttered these words more than three decades ago, but they are especially relevant today as Virginia grapples with continuing economic stagnation. Our […]

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