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by shaki-dora
2680 days ago
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It isn’t about the net loss or win for NY. The problem with subsidies is that they needlessly cost money in a zero-sum competition between cities. It was always clear that Amazon would build somewhere. A race to the bottom competition over the exact location leaves everyone but them worse off than the alternative, which is coordinating to refuse to engage in it, like any sane economy like the EU does. |
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