Sound economic policy relies on maintaining the stability of expectations. When the White House creates uncertainty, it has the opposite effect.
Beaconomics
Can Vision Zero reduce deaths and injuries on Rochester streets?
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The people of Rochester have to decide how important street safety is and what they are willing to pay to achieve it.
Beaconomics
Topgolf: The complicated world of economic impact analysis
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Should the County of Monroe Industrial Development Agency approve a more than $3 million tax break for a proposed golf-themed entertainment venue?
Beaconomics
Eager to try a Topracer Range?
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The Big Oak Driving Range and Golf Shop in Penfield has installed nine Topracer bays, each equipped with Topracer technology.
Beaconomics
You want to legalize weed? Pick a goal
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The state’s 2021 Cannabis Law has a long—and unachievable—list of objectives. To create a viable legal market, it needs to be revised.
Beaconomics
The siren song of industrial policy
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New York’s deal with Micron Technology is touted as an investment that will generate nearly 50,000 total jobs and a total of $25.6 billion in revenue to state and local government. But these forecasts rely heavily on speculative assumptions.
Beaconomics
Raise the gas tax!
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Higher prices encourage conservation and a shift to alternative fuels. That’s a good thing.
Beaconomics
The economy’s remarkable recovery
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The COVID-19 pandemic has brought significant pain and suffering to many Americans, but economists thought the recession would last far longer.
Beaconomics
Making sense of money: Part 2
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Arbitrarily tying the money supply to a commodity does not reduce uncertainty. That’s why there is very little support for a return to the gold standard among economists.
Beaconomics
Making sense of money: Part 1
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Banks’ dominance of financial transactions has perpetuated a system that is relatively slow and expensive. But change is coming.
Beaconomics
Rochester’s renewed fuel cell focus
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Hyzon Motors, established here in 2020, plans to create 100 jobs at the former GM facility in Honeoye Falls. The news follows Plug Power’s decision to create an innovation center in Rochester.