Exactly Why Economic Impact and ROI Studies are Overblown

In Politics by Michael Rae

Like other states, Florida’s government invests in all kinds of economic development projects, using economic impact studies to assess “return on investment,” or economic bang for the buck. But these economic impact studies are structurally and quantitatively riddled with problems, resulting in poor government decisions that waste taxpayer dollars.   
First, impact studies assume business investments would not have been made anyways by the private sector without

Read more at Reason.org