Rea S. Hederman Jr. is vice president of policy at The Buckeye Institute in Columbus, Ohio.
Opinion
Don’t look to Ohio to justify NCInnovation spending spree
The North Carolina General Assembly is considering funding a private nonprofit organization called NCInnovation to invest taxpayer dollars in risky for-profit startups. The state House of Representatives initially proposed giving the group $50 million. The state Senate, feeling flush and generous with the taxpayers’ money, thinks $1.4 billion would be better. That’s billion, with a...