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Opinion

What Dell Will Really Deliver

The newly struck deal between Dell computers and the state of North Carolina should give us pause before celebration. Legislators approved $243 million in state tax breaks to Dell, while Forsyth County and Winston-Salem will add $37 million to the state’s offer, for a total of $280 million in "incentives."

Dr. Karen Y. Palasek

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Opinion

Home Values and the Price of Bad Neighbors

My horrible neighbors are moving. Or at least trying to. And I’m going to do everything I can to help them. This morning I noticed a "For Sale" sign on the front yard next door, complete with hand-written phone number. My first instinct was to sneak back after dark and add some balloons to the sign (the better to attract attention to the offer).

Dr. Karen Y. Palasek
Opinion

Surplus and Scarcity Go Hand in Hand

Scarcity and surplus seem like opposite concepts, and they are often confused. But surplus is not the opposite of scarcity, and a surplus good is not the opposite of a scarce good. There's no paradox here: take Christmas trees, for example. Fresh-cut Christmas trees, an icon of the holiday season, are a highly desirable consumer item, at least through Christmas Eve.

Dr. Karen Y. Palasek
Opinion

The Trouble with Transit

Most big-city transit systems are in deep financial trouble these days and are desperately seeking money to tide them over until the economy or ridership (or both) improve. But this may be a good time to step back and ask the larger question: Why doesn’t transit work better in the U.S.?