Cities that want to attract business might want to focus less on financial incentives and more on making people feel safe

To attract business investment, American cities and states offer companies billions of dollars in incentives, such as tax credits. As the theory goes, when governments create a business-friendly environment, it encourages investment, leading to job creation and economic growth. While this theory may seem logical on its face, it’s a bit of a chicken-and-egg situation. […]

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