Indiana became the winner yesterday in a short five-way race to land the Honda Motor Company's newest assembly plant in North America. . . . The project will cost the State of Indiana about $140 million. Of that, $40 million will go directly to Honda; about $45 million will be spent on roads and other infrastructure to serve the plant, and another $50 to $55 million will go to improvements in the region in anticipation of growth caused by the plant. (New York Times, Thursday)
The corporate state in action.
FEE Timely Classic
Quasi-Corporatism: America's Homegrown Fascism (PDF) by Robert Higgs